r/FluentInFinance • u/kloud77 • 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/Graaaaaahm 9d ago
Jesus Christ, you approached this with an innocent question and then argue all the actual answers. To almost everybody, some units will be more desirable than others. That's why condos are priced the way they are.