You could use google, you shouldn’t need me to tell you how home ownership works.
The homeowner owns the home, and puts the home up as collateral in case of default. It’s better than landlording because the person living in the home owns it can manages it themselves. Landlords typically have mortgages anyway, they’re just standing in the middle.
A community credit union is a community owned bank. They typically offer the best terms and interest rates of any financial institution, you should really look into banking with one. They’re very common in smaller towns, but they’re typically available even in larger cities.
I do all my banking with my local credit union and couldn’t be happier.
community land trusts, cooperative housing, limited equity housing coops, and municipal housing
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You asked what other options there were, and I provided them.
We don’t need landlords, we can safely eat them and be just OK 👌
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You’re confused: landlords don’t provide housing, contractors do.
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banks and community unions.
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You could use google, you shouldn’t need me to tell you how home ownership works.
The homeowner owns the home, and puts the home up as collateral in case of default. It’s better than landlording because the person living in the home owns it can manages it themselves. Landlords typically have mortgages anyway, they’re just standing in the middle.
A community credit union is a community owned bank. They typically offer the best terms and interest rates of any financial institution, you should really look into banking with one. They’re very common in smaller towns, but they’re typically available even in larger cities.
I do all my banking with my local credit union and couldn’t be happier.