Land lease communities, where retirees buy their home but rent the land, are booming, fuelled by a housing affordability crisis and an aging population. But some residents say they feel trapped in a “financial prison” and experts say a lack of legal protections leave some with few options for redress. Land lease communities, where retirees buy their home but rent the land, are booming, fuelled by a housing affordability crisis and an aging population. But some residents say they feel trapped in a “financial prison” and experts say a lack of legal protections leave some with few options for redress. Consumer Protection, Law, Crime and Justice Latest business news
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