Properly buys and sells homes directly from consumers. For our business to be successful, we must be able to predict two things when making a home purchasing decision:
? The price it would sell for on the open market
? How much time it will spend on the market to sell at that price
These two variables are correlated: price can affect time-on-market, and time-on-market can affect price. There are many other factors at play as well. In the broader market, these complex real estate decisions are largely made using human judgement, based on experience and expertise.
The goals of this research proposal, therefore, are to: 1) conduct a publishable review of the psychological literature to further understand the motivations of the unique group of individuals who choose to volunteer or work with charitable or not-for-profit organizations; and 2) develop an employee survey that will provide further insight into the motivations of this group of individuals. Taken together, these two products will provide a solid foundation for other human resources documents and practices at charitable and not-for-profit organizations.
The Hoy Creek Shared Equity Home Ownership Project aims to provide a site-specific example of how a shared equity home ownership project can succeed in Canada. As few Canadian examples exist of scalable affordable home ownership models, more research is required to identify options for implementation and strategies for long-term administration. This research project aims to identify strategies for shared equity home ownership implementation and administration while determining best practices for Community Land Trust execution.