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Year: 2017

Length: 2.02

Director: Máté Bartha

Language: English

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Stiftung trias – Taking properties out of the speculation market
Stiftung trias was established in 2002, to help community groups and co-housing projects access financing. Trias takes land off the market by separating the ownership of land and buildings: supported initiatives lease the land from the foundation in the form of a long-term Heritable Building Right and their lease fee is collected in a mutual fund run by Trias. In recent years, Trias has also been working with public administrations, securing functions for properties that municipalities are obliged to sell under austerity laws.