@da5nsy @RadicalRoutes awesome work! I remember reading tons of Radical Routes info when I lived in the UK and wanted to start/join such a project in Oxfordshire.

From your site: "But equity as security, requiring constantly rising land value to ensure a return on our investment, is not the relationship we want with our home." I get it! Though IMO having an interest rate that keeps up with inflation is reasonable and not rent-seeking behavior (keeping the monetary value of the land fixed internally to the project). I like the different examples you have of potential lenders according to their scenarios, it's clear that you all acknowledge some people can't/won't be able to do zero-interest.

This is always something that interests me in housing co-ops that I struggle to wrap my head around, when people leave and new ones enter, regarding equity/existing loanstock arrangements. 😵‍💫

Are there prospective inhabitants that plan to purchase loanstock in amounts proportional to their means?

If you're more of the "reading through a cute booklet" type, try: https://perennialhousingcoop.uk/PerennialLoanstockBooklet.pdf

Or if a shorter summary on our website appeals, check out: https://perennialhousingcoop.uk/involved/#2-lend-perennial-money