• WolfLink
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    20 hours ago

    There is a space in-between landlord-owned-apartment and individual-owned-condo called a co-op where the residents own the apartment building and pay a share of the operating costs and get a say in how the building is run.

    There’s a variety of ways they can be run, but they are typically cheaper than normal renting in the long term, and can be competitive with renting in terms of the up-front cost.

    • Another Catgirl@lemmy.blahaj.zone
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      6 hours ago

      I do not believe co-op housing bylaws/elected leaders generally are supportive of rentals shorter than 13 months. They generally value long-term stability so they have policies that require longer leases. Of course there may be housing co-ops run by students or seasonal workers so they support short term leases, but that’s a minority of housing co-ops. (This argument is very poorly researched).