Cooperative Community Living

Today i want to explore a completely different way of living and that is community or co op living.

Cooperative community living. What is a co op. This way of life is certainly not for everyone for some it would be their idea. Short for cooperative housing these housing units will have a member living in a place with other residents but instead of owning your unit you own shares in the whole complex. Designed to fit your changing lifestyle one of the key features of a cooperative is joint ownership of the property.

And while co op living is not exactly a senior commune or kibbutz it does share many of the social aspects such as tending to a community garden on site activities and clubs. Four young women who had all learn more columbus cohousing columbus ohio united states. Buying into a co op starting a new co op pros and cons to co op living get professional advice from a nahc member nahc s mission is to support and educate existing and new cooperative housing communities as the best and most economical form of homeownership. Key takeaways a co op is a way to own a primary residence but where homeowners don t own their units outright.

Sophia community is an intentional community living in a lovely big house in hyde park near the university of chicago. For one you get to experience the joy of ownership without having to deal with the additional costs and complications of traditional home or condo ownership. Here we take a closer look at co op living. Village cooperative senior housing communities are designed for active seniors who want an entirely maintenance free lifestyle with all the financial benefits of home ownership.

Often referred to as a co op cooperative housing combines the financial advantages of home ownership with the convenience of community living. How does senior cooperative housing work. You might be wondering what exactly is a senior cooperative living community. In a village cooperative you can enjoy a connection with your neighbors at one of our community activities a gathering with friends or family in your own home or travel without any worries of upkeep back home.

Instead each resident is a shareholder. Cooperative living is a great strategy for getting and staying out of debt while building community resilience and security in a tenuous economy. We are creating an intergenerational cohousing community in columbus ohio. Community living communes and hippie camps.

Your senior cooperative housing community is a corporation. I began with canal boat living then last week i wrote about motorhome living.