Financial Impact of Open Market Discounts
Example: Home Prices Under Different Discount Levels
The following figures illustrate the price adjustments when applying the Open Market Discount to homes in our development:
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These figures demonstrate how significant the price reductions are, ensuring homes remain affordable while maintaining long-term community sustainability.
Market Discount
Making Homeownership Affordable and Sustainable
At the Fair Living Foundation, we are committed to making homeownership more accessible for key workers, young professionals, and older residents. Our Open Market Discount Model provides homes at significantly reduced market rates, ensuring affordability while keeping properties within the local community.
How Does the Discount Work?
We offer homes at three different discounted rates based on open market values:
25%
Discount – A flexible option for buyers who can afford a larger share but still need financial support.
50%
Discount – A balanced approach that provides affordability while maintaining long-term value.
75%
Discount – The most accessible option, ensuring those in need can secure stable housing at the lowest entry cost.
Each of these options ensures that homeowners retain their proportional share of ownership, allowing for fair resale terms in the future.
Who Benefits from the Discounted Homes?
We prioritise those who contribute most to the community or need support the most.
Key Workers
4 homes allocated
Up to 75% discount
Young Singles
4 homes allocated
Up to 75% discount
Active Elderly
4 homes allocated
Up to 75% discount
2029
30 homes allocated
Up to 75% discount