In order for housing co-ops to exist, the land needs to be zoned to allow dense multifamily. If you want to fix housing affordability, that’s where you have to look.
You need both ideally, especially since real estate developers tend to stall or shelve housing projects if they feel like they’ll get less of a return on investment and wait until prices go up again before doing anything
just say socialism already
Mike Schreiner in Ontario has been a huge proponent for this.
– Wait so it is socialism or barbarism?
– Always has been.
Housing should never have been made into a commodity.
We need far fewer condos in this country. They’re practically a scam that lures people in with the promise of “equity”. The vast majority of condos have terrible energy performance because first cost is all that the buyer cares about.
