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by sethammons 997 days ago
I'm hearing more and more about it. Company stores and company towns. Nope, nothing to learn from historically here at all.
2 comments

It wasn't all bad.

In here The Company (a paper factory) guaranteed home loans for employees, a ton of people got dirt-cheap loans and paid off their homes in record time. My aunt still lives in one of those homes, they've been debt free since before the millennium.

There are plenty of good examples of company provided housing in The Netherlands, early 20th century.

The Netherlands can't be the only country where it did work out.

I was born and raised in a beautiful company built neighbourhood. Small but decent houses, a school, some shops and enough room for some 'green'.

Bournville in UK is another example. It was definitely a step up at the time, but I feel like conditions are somewhat better an century and a half later and if they would be going back to where losing your house with your job is an acceptable risk, it would now be a step down.