A home under construction is a common sight in Durham, a small but booming city in North Carolina that has been billed "the start-up capital of the South".
But this wood-frame, which will soon be a three-bedroom house, is unusual: it will rent for $800 a month, about 40 per cent below the market rate.
The rent is designed to be affordable to restaurant workers and janitors, not just the new entrepreneur class. It is being built by non-profit developer Durham Community Land Trust.
"It will make some family very, very happy," said Selina Mack, the group's director.
Ms Mack's organisation develops permanently affordable housing for working class families by separating a house's title from the land underneath.
Proponents of community land trusts say they offer the best chance of providing affordable housing in fast-growing cities like Durham compared with other popular options such as deed restrictions, which expire after a set period.
"Term-limited affordability will allow maybe one family to benefit," said Tony Pickett, executive director of Grounded Solutions Network, a non-profit housing group.
"Creating a stock of permanently affordable housing with a one-time public investment - and that same affordable housing is kept affordable for generations to come - that's a much more sustainable and financially feasible use of public dollars."
It is a boon in the short term, too, as consumers in the US fret about the continuing government shutdown. Consumer sentiment declined in early January to its lowest level since US President Donald Trump was elected, according to a University of Michigan survey.
"The decline was primarily focused on prospects for the domestic economy, with the year-ahead outlook for the national economy judged the worst since mid 2014," the report said.
The loss was due to a host of issues including the partial government shutdown, the impact of tariffs, instabilities in financial markets, the global slowdown, and the lack of clarity about monetary policies. While the January fall-off in optimism is certainly consistent with a slowdown in the pace of growth, the report said, it does not yet indicate the start of a sustained downturn in economic activity.
"It is the strength in personal finances that will continue to support consumption expenditures at favourable levels in 2019. Nonetheless, consumers now sense a need to buttress their precautionary savings, which is typically done by reducing their discretionary spending. Evolving job and wage prospects, which were slightly weaker in early January, are critical to extending the current expansion," it said.
Community land trust housing gives low-to-moderate income families the chance to become homeowners that otherwise they would never have, said Mr Pickett.
And creating a balance "between individual wealth-building and ongoing, long-term affordability" is vital, he added, particularly given the US racial wealth gap.
According to the Centre for American Progress, a left-leaning think-tank, African-American families' median wealth is one-tenth that of white families - in a country where owning a home is the primary path to wealth-building.
By lowering barriers to home ownership, the community land trust model offers that opportunity.
The concept, whose roots lie in the Civil Rights movement, turns 50 this year, but rising land costs and traditional housing finance practices remain obstacles to its widespread adoption.
To date there are just 225 land trusts nationwide, according to Grounded Solutions. That is largely because mortgage bankers and realtors remain unfamiliar with the model, said Mr Pickett, and that creates a vicious cycle.
Additionally, the relatively small number of land trusts means families looking to buy a house do not routinely have this option; that, in turn, limits land trusts' ability to accrue more equity to buy more houses, according to Reuters.
While the house where Ms Mack was overseeing construction last year will be rented, most trust residents own their homes.
Through an innovative housing finance model called "shared equity", the trust retains ownership of the land - and thus much of the accrued value - when the occupant sells the house.
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As a result, the house can be sold at a below-market rate to the next buyer.
In the early 1900s, long before Durham became a start-up capital, it was home to a district known as Black Wall Street for its concentration of insurance companies and banks owned by African-American businesspeople.
But the construction of a downtown freeway in the 1960s dismantled its black business community, while a discriminatory housing policy known as "redlining" prevented black families from getting mortgages.
That left areas like Durham's West End, which is bisected by the highway, down at heel.
"Abandoned housing, little to no homeownership, a lot of rental properties most of them owned by absentee landlords, in disrepair, the city not invested in community," said Ms Mack, describing the West End in the 1980s.
In 1987, residents of the majority African-American neighbourhood banded together with the motto "take back the streets" and renovated five buildings.
The neighbours placed the houses into trust, inspired by New Communities, a Georgia land trust and farm collective started in 1969 by veterans of the Civil Rights movement.
Their effort spurred the city to pass an affordable housing bond that year. That funding source helped to buy land, renovate existing homes and build new ones.
Today, the Durham Community Land Trust owns 281 properties, including one-fourth of the West End, halfway between downtown and Duke University.
The trust's property portfolio ensures an affordable anchor amidst a tide of rising rents.
"Durham is experiencing rapid gentrification. Housing prices are skyrocketing ... The impact of the land trust being in that neighbourhood is what has kept the prices, or at least the increase in the neighbourhood, somewhat stable," Ms Mack said.
Mike Richmond, a retired university janitor, bought through the land trust. As prices have risen in Durham, he said, it would today be near impossible for someone working in his former job to buy a house in the neighbourhood.
"He would have to pinch pennies and, if something came up, then those pennies would be screaming pennies," Mr Richmond said on his front porch.
He acknowledged he would not gain from Durham's housing boom as much as if he had owned the land, but he accepts the trade-off.
"If I don't make a larger profit today, at least somebody else could come in and afford to live," he said.
That attitude is uncommon in a country where housing is considered a profitable asset.
A 2010 report on a longtime Vermont land trust showed most first-time buyers earned enough money from the shared equity sale of their home for a down-payment on a market-rate house.
However, Rocke Andrews, past president of the National Association of Mortgage Brokers, was sceptical that land trusts could offer a widespread opportunity for residents as trusts must rely on land donations and public subsidies.
"It's going to require a large amount of money for large amounts of people," he said.
Grounded Solutions has said previously that trusts might get a boost from banking regulations known as "Duty to Serve" that arose from the 2008 housing crisis, and that push government-sponsored mortgage-finance giants Fannie Mae and Freddie Mac to offer financial support for cooperatives.
But Mr Andrews doubted the regulations would have a significant impact.
"Lots of programmes are available through Duty to Serve, but they aren't widely used in the mortgage market," he said.
As the Great Recession decimated financially insecure homeowners a decade ago, community land trusts provided a bulwark by shoring up struggling mortgages and helping homeowners avoid foreclosure.
Grounded Solutions found market-rate mortgages were eight times more likely to be delinquent than those on land trust homes at the height of the 2008-2009 housing crisis.
Percy Covington, a social worker who lives in a townhouse he bought from the land trust, experienced that firsthand when he needed help to make his mortgage payments.
"It gave me reassurance going through Durham Community Land Trust. They really have your back - a lot more than the bank. It's their investment too," he said.
"It helped save my home."
Thank You for Banking with Us
Director: Laila Abbas
Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum
Rating: 4/5
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Company%20Profile
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COMPANY%20PROFILE%20
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The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now
The%20Hunger%20Games%3A%20The%20Ballad%20of%20Songbirds%20%26%20Snakes
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%C2%A0Francis%20Lawrence%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3ERachel%20Zegler%2C%20Peter%20Dinklage%2C%20Viola%20Davis%2C%20Tom%20Blyth%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Dirham Stretcher tips for having a baby in the UAE
Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:
• Buy second hand stuff
They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.
• Get a health card and vaccinate your child for free at government health centres
Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.
• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.
Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.
• Once baby is ready for solids, cook at home
Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.
Fixtures
Sunday, December 8, Sharjah Cricket Stadium – UAE v USA
Monday, December 9, Sharjah Cricket Stadium – USA v Scotland
Wednesday, December 11, Sharjah Cricket Stadium – UAE v Scotland
Thursday, December 12, ICC Academy, Dubai – UAE v USA
Saturday, December 14, ICC Academy, Dubai – USA v Scotland
Sunday, December 15, ICC Academy, Dubai – UAE v Scotland
Note: All matches start at 10am, admission is free
THE SPECS
Aston Martin Rapide AMR
Engine: 6.0-litre V12
Transmission: Touchtronic III eight-speed automatic
Power: 595bhp
Torque: 630Nm
Price: Dh999,563
'HIJRAH%3A%20IN%20THE%20FOOTSTEPS%20OF%20THE%20PROPHET'
%3Cp%3E%3Cstrong%3EEdited%20by%3A%3C%2Fstrong%3E%20Idries%20Trevathan%3Cbr%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20240%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Hirmer%20Publishers%3Cbr%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
SPECS
Engine: Two-litre four-cylinder turbo
Power: 235hp
Torque: 350Nm
Transmission: Nine-speed automatic
Price: From Dh167,500 ($45,000)
On sale: Now
Scores in brief:
Day 1
New Zealand (1st innings) 153 all out (66.3 overs) - Williamson 63, Nicholls 28, Yasir 3-54, Haris 2-11, Abbas 2-13, Hasan 2-38
Pakistan (1st innings) 59-2 (23 overs)
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
Call of Duty: Black Ops 6
Developer: Treyarch, Raven Software
Publisher: Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5
THE SPECS
Engine: Four-cylinder 2.5-litre
Transmission: Seven-speed auto
Power: 165hp
Torque: 241Nm
Price: Dh99,900 to Dh134,000
On sale: now
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
More from Aya Iskandarani
Listen to Extra Time
Day 1, Abu Dhabi Test: At a glance
Moment of the day Dimuth Karunaratne had batted with plenty of pluck, and no little skill, in getting to within seven runs of a first-day century. Then, while he ran what he thought was a comfortable single to mid-on, his batting partner Dinesh Chandimal opted to stay at home. The opener was run out by the length of the pitch.
Stat of the day – 1 One six was hit on Day 1. The boundary was only breached 18 times in total over the course of the 90 overs. When it did arrive, the lone six was a thing of beauty, as Niroshan Dickwella effortlessly clipped Mohammed Amir over the square-leg boundary.
The verdict Three wickets down at lunch, on a featherbed wicket having won the toss, and Sri Lanka’s fragile confidence must have been waning. Then Karunaratne and Chandimal's alliance of precisely 100 gave them a foothold in the match. Dickwella’s free-spirited strokeplay meant the Sri Lankans were handily placed at 227-4 at the close.
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Frida%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ECarla%20Gutierrez%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Frida%20Kahlo%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
How to help or find other cats to adopt
COMPANY%20PROFILE
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The%20Specs%20
%3Cp%3E%3Cstrong%3ELamborghini%20LM002%3C%2Fstrong%3E%3Cbr%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%205.2-litre%20V12%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20450hp%20at%206%2C800rpm%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E500Nm%20at%204%2C500rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3EFive-speed%20manual%3Cbr%3E%3Cstrong%3E0-100kph%3A%3C%2Fstrong%3E%209%20seconds%20(approx)%3Cbr%3E%3Cstrong%3ETop%20speed%3A%3C%2Fstrong%3E%20210kph%20(approx)%3Cbr%3E%3Cstrong%3EYears%20built%3A%3C%2Fstrong%3E%201986-93%3Cbr%3E%3Cstrong%3ETotal%20vehicles%20built%3A%3C%2Fstrong%3E%20328%3Cbr%3E%3Cstrong%3EValue%20today%3A%3C%2Fstrong%3E%20%24300%2C000%2B%3Cbr%3E%3C%2Fp%3E%0A
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
A%20QUIET%20PLACE
%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Lupita%20Nyong'o%2C%20Joseph%20Quinn%2C%20Djimon%20Hounsou%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EMichael%20Sarnoski%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
MO
%3Cp%3E%3Cstrong%3ECreators%3A%20%3C%2Fstrong%3EMohammed%20Amer%2C%20Ramy%20Youssef%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EMohammed%20Amer%2C%20Teresa%20Ruiz%2C%20Omar%20Elba%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A