Then organise the renters, let them buy the house to transform it into syndicate or cooperative housing. Social apartment construction isn’t impossible.
The issue here is, in my country at least, the people who could possibly afford to buy one aren’t wanting to live in an apartment and the people who live in apartments aren’t capable of buying one.
It’s not impossible, but it’s also very unlikely
It’s the only option though. Bulldozing nature to build more cheap low density housing is not a viable plan.
If it were the only option, it would be happening more.
Just because the other options are bad doesn’t mean very much. They’re still happening.
What a fuckin great idea. Immediate downside is who’s in charge of the bills?
ask yourself this: if the apartment is owned by a company who is in charge of bills?
in the case witht he syndicate, the syndicate is in charge of the bills, the bills are split up among the members, this stuff all already exists btw.
No way, that’s cool! Where in the US?
I guess I would’ve thought that the collective unit is in charge of stuff like property taxes, but you can’t have that many names on a property deed, right? Or can you?
bro a significant percentage of swedes live in housing co-ops, it’s literally a normal form of housing here, you’re not clever.
I get that my text came off as sarcastic. I wasn’t being clever.
Let me retry:
I think it sounds like a great idea but I have concerns such as, who will pay the community bills? Who will be in charge? And other related administrative duty questions.