[carom]

Let's say you can build a rental unit for 300k. Third parties can't do this now. So individuals can come together, form a collective (LLC), and fund the development of a building they will live in.

Let's say they need 10% down only to do that construction. 30k each. What is the stat, 50% of people have less than 5k in the bank?

It took me 1 year of working with no college debt to save up 20k for a house. That was fast. Where do I live until I have 30k to build? My family? I was working on the other side of the country. What if you don't have family? You are homeless until you can afford to build?