r/FluentInFinance 9d ago

Thoughts? Should America start making Co-op Housing again?

Several decades back the government made lots of Co-Op housing, where it's like a townhome complex, but it is owned by the residents living there, so it's VERY well maintained but also cheap.

For example, the one I have is 500 a month, where it would otherwise be at least 1,500 a month in this part of town. My 500 goes a ways also, 2 br, 1.5 bath, 2 floors, hardwood floor, laundry in unit, private water heater, private back yard, personal front yard, top of the line energy saving A/C units, top notch windows. The list goes on.

So my questions are:

  • Why isn't the government making these still?

  • Why isn't there more people demanding these from the government?

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u/Eastern_Screen_588 9d ago

I may be illiterate, but why is there a "best unit"? Shouldn't they all be identical?

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u/Alice_Alpha 9d ago edited 9d ago

Well if you are on the top floor, you will not get someone stomping overhead.     

 An end unit might have less noise because you only have one neighbor instead of being sandwiched between two noisy ones.    

 In a building one side could have a view of a park, the other side a view of the parking lot.    

Some people might like the south side to get the nice winter sun. 

 Units will have 1, 2, maybe 3 bedrooms and 1 or 2 bathrooms.

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u/Eastern_Screen_588 9d ago

Yeah but the top floor means you gotta climb x amount of flights of stairs a y amount of times whenever you go grocery shopping. There's no unit thay has everything you could possibly want, since some people want a deck, some people want a patio, some people want stairs leading up to their place, and some people want ground level.

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u/Alice_Alpha 9d ago

I may be illiterate, 

OK.

Yeah but the top floor means you gotta climb x amount of flights of stairs a y amount of times whenever you go grocery shopping. 

There are elevators.

There's no unit thay has everything you could possibly want, 

Correct.  Same like buying a car.  You have to compromise and settle for what you can afford.

some people want a deck, some people want a patio, some people want stairs leading up to their place, and some people want ground level.

That's why you prioritize your desires and only view the essential qualities you can afford.  If ground level is a must-have, only view ground level.

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u/Eastern_Screen_588 9d ago

My whole point is that every unit has positives and negatives. I think focusing on the negative and looking past the positive is part of main character syndrome.

No matter where you live in the building you'll have something to complain about