City Staff Ideas Challenge
#nycspeaks2022 Share your ideas for bold actions the Mayor should take
City workers who are struggling to pay rent can organize themselves, create a cooperative amd own homes while equally investing in the real estate market.
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5 comments
I like the idea of pooling money for home ownership.
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Labour is a significant cost, for all entities engaged in any business. For housing societies, employing labour can be onerous, due to its office bearers being honorary in nature and the unavailability of instant professional advice. The Bombay High Court has given a ruling, which has wide ramifications on applicability of labour laws related to housing societies. www.kantimehealth.net
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Interesting idea! Co-op housing is a form of joint ownership in which a group of people form a cooperative to buy and manage housing units together. This could be a good https://backroomsgame.co solution for a group of workers who are trying to pay rent and invest in real estate at the same time.
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