Is your rent or mortgage too high? Have you ever wondered if there was another way to live? It actually exists, and it’s called co-operative housing! We’re joined by Sarah Jensen, Director-at-Large on the Co-operative Housing Federation of Canada's Board of Directors. In this episode, we learn about a decades-old movement that provides a unique middle ground between renting and owning. Co-op housing offers security of tenure without the prohibitive cost of a down payment. You might also get to live next to your best friends for the rest of your life. This might just be the most intriguing topic we’ve covered yet!
(00:00) Intro
(6:58) What is co-operative housing?
(10:00) Traditional vs co-op 'ownership'
(13:23) A better 'landlord' relationship
(15:57) Security of tenure
(18:06) Community involvement & support
(23:20) Applying for co-op housing
(25:11) At-cost housing charges
(26:36) How do co-ops get built?
(31:00) Demographics and low turnover
(34:39) Future prospects and development plans
(39:20) Wrap up
Do you have a story about what helps you thrive in your 30s, or challenges you’ve endured or overcome? Let us know at that30sshowpod@gmail.com or DM our Instagram. Perhaps we can have you on the show! Any questions and feedback are also welcome.
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Theme music: “Grab A Bargain” by Scott Holmes Music. Available for use under the CC BY 4.0 license, at Free Music Archive.