It would be cool if you could run a coop where you all paid in the amortized cost of repairs on a schedule and if an incident happened before expected you withdraw the cash and keep paying in after.
But this would get abused on both ends by fraudulent claims and petty managers. You’d have to be very selective.
Yeah and they range from “basically a condo” to “we weren’t able to make it as a commune so we’ve relaxed the shared investment, but are still dedicated to cooperative living”
If the latter sounds appealing to anyone they can look into left wing housing.
It would be cool if you could run a coop where you all paid in the amortized cost of repairs on a schedule and if an incident happened before expected you withdraw the cash and keep paying in after.
But this would get abused on both ends by fraudulent claims and petty managers. You’d have to be very selective.
Thats basically a condo.
Good luck dealing with your condo association. You think an HOA is bad 🤣
that’s how it works if you own a flat, things like heating or repairs of shared parts are paid from common fund
There are co-ops that own housing
Yeah and they range from “basically a condo” to “we weren’t able to make it as a commune so we’ve relaxed the shared investment, but are still dedicated to cooperative living”
If the latter sounds appealing to anyone they can look into left wing housing.