Due to other dysfunctions of the Swedish housing market, it’s not exactly making housing affordable. Far from it, the housing coop market is mostly inaccessible to people without significant starting capital for a down payment on a mortgage. With the increased interest rates, they are also not particularly cheap in ongoing mortgage costs either.
True, thanks for clarifying this. But it does help to keep the utilites costs of the houses at actual cost, because the houses are co-owned and non-profit. It is also keeping out private speculation and “landlords” from the market with how the statues/rules are setup.
Due to other dysfunctions of the Swedish housing market, it’s not exactly making housing affordable. Far from it, the housing coop market is mostly inaccessible to people without significant starting capital for a down payment on a mortgage. With the increased interest rates, they are also not particularly cheap in ongoing mortgage costs either.
True, thanks for clarifying this. But it does help to keep the utilites costs of the houses at actual cost, because the houses are co-owned and non-profit. It is also keeping out private speculation and “landlords” from the market with how the statues/rules are setup.