Tenure is the set of rights that you have over the property where you live. In the US we're used to two forms of tenure: Homeownership and Renting
Changing times and changing needs are expanding these choices
Jeffery Lubell has speculated on some of the ways that rental could be more stable and tenants could have more security than "if you don't like it, move"
...there are forms of tenure that fall on the spectrum between owning and
renting, but they are not well known to the general public and not as
widely available as they should be. Investing in these strategies,
which are sometimes grouped together under the label “shared equity
homeownership,” would broaden the diversity of housing choices available
to individual families and also represent a way to stretch scarce
public subsidies further.
An model project in Cincinnati provides renters with "shared equity" from their rental housing.
Go Loud with Shared Equity
Advocates for shared equity homeownership have been talking for years
about “going to scale.” Many people have been working diligently to
assemble the prerequisites of policy, program, and finance needed to
achieve this worthy goal. Another piece of the puzzle is often
overlooked, however, despite being comparatively easy to reach. More
trumpets. More noise. You can’t go big without getting loud.