May 25, 2017

What we are doing is taking on the responsibility of buying out a landlord and continuing to make profit from tenants for only as long as it takes to be paid back. And meanwhile, without any more money to spare, we are trying to justify the wait, to make it about more than money.

We are slowly putting an end to the extortion of people who do not have money by people who have a lot, and we are doing it with the money of people of have some.

The biggest challenge is to transform a living space, a community, from one founded and managed by a landlord, to one owned and operated by tenants indebted to people who feel kinship with them while still living entirely different and far more sheltered lives. For debtors to understand creditors, we must reassure them that the struggle is ultimately within, and for creditors we must show the meaning of risk.