• Swedneck@discuss.tchncs.de
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    1 year ago

    Right, well again refer to the fact that this is a solved problem in many countries, including the US. Housing co-ops consist of a nonprofit cooperative organization that owns the building and then residents own the right to live in an apartment, which comes with a monthly fee for maintenance and voting rights within the co-op.

    It’s the same principle as HOAs owning and maintaining common infrastructure, just within a single building rather than a group of houses.