this post was submitted on 23 Aug 2023
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Pretty much. I will say, although it’s extremely rare to find, but does exist (I know a landlord like this): some landlords get into landlording to try to make places affordable for others, meaning they barely take a cut for themselves. These are not the people you see raising rent at every opportunity. I’m also not refering to any landlord who decides to take “section 8” housing, as some of them are also predatory. To that end, her struggle is the same struggle as her renters, trying to make ends meet, herself. She owns her own “place” but her “place” is on wheels, making her technically a homeless landlord. I doubt that she is the only landlord like this in the US but as a long-time renter, I’m well aware she’s in the minority of landlords. Most landlords do so to earn a profit, the worst offenders being for-profit corporations who own many properties. Some landlords do try to help others, and I really wish there were more like them. I think the majority of landlords simply try to “price what the market will bear” which is usually “increase rent as much as we can by law” with the excuse that “we, the landlords take on all the risk so we need all the profit”.
I would love to see more “worker co-op” style landlording, although I don’t know how that would work techncially.
TIL. But now is this more of a communal living arrangement (e.g., free room and board but you’ll need to help clean the facility and garden, etc)? Or is this something where someone who has money and a job already can just go to a housing coop to rent a place to live in much the same way they would go to a grocery store coop to buy food? If so that’s exactly what I’m talking about.
Coops are co-owned by their members. Usually they have an unpaid elected or voluntary board that makes decisions. The decisions are on budget, allocation of work for the members and who to interview if there's vacancies.
The budget goes towards services, repairs, maintenance, etc
The individual members of the coop have weekly chores that they need to perform. These chores can take 2-8hrs per week depending on season and the abilities and capabilities of the individual. Often it's things like minor handyman work, yard work, painting, pulling out the garbage bins, etc
Coops like to get new members that have a profession. Plumbers, carpenters, electricians, accountants, handymen and other such professions are always in high demand. Chores related to these have their material costs covered by the board's budget. If there's overrun on the allocated time, it's usually compensated or outside professional services are hired instead.
Coop fees are usually much lower than renting. In Montréal for example rent is anywhere from ~$1300 to $2500 Canadian for a 1-2BR, depending on how close one lives to transit or downtown/popular areas. Coops usually pay around C$500-$800 in fees for the same place. All of that money goes towards the budget of the coop, none of which is used to enrich the board or any single individual.