return2ozma@lemmy.worldcake to News@lemmy.world · 23 days agoL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comexternal-linkmessage-square332fedilinkarrow-up1869arrow-down114file-textcross-posted to: usnews@lemy.lol
arrow-up1855arrow-down1external-linkL.A. County wants to cap rent hikes at 3%. Landlords say that would push them to sellwww.latimes.comreturn2ozma@lemmy.worldcake to News@lemmy.world · 23 days agomessage-square332fedilinkfile-textcross-posted to: usnews@lemy.lol
minus-squareCableMonster@lemmy.mllinkfedilinkarrow-up1·21 days agoHow would they get ownership of the real estate they live in?
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up1·21 days agoThat depends on if it’s an ownership cooperative or a non-equity cooperative. https://en.wikipedia.org/wiki/Housing_cooperative#Ownership
minus-squareCableMonster@lemmy.mllinkfedilinkarrow-up1arrow-down1·21 days agoThats fine and is already available. Most people just dont want to live like this if they have the option.
How would they get ownership of the real estate they live in?
That depends on if it’s an ownership cooperative or a non-equity cooperative.
https://en.wikipedia.org/wiki/Housing_cooperative#Ownership
Thats fine and is already available. Most people just dont want to live like this if they have the option.