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> Kids, spouses, and most people with friends, don't care to be constantly uprooted or at the mercy of a landlord who is likely to raise prices every year. It
by majewsky 8y ago
> Kids, spouses, and most people with friends, don't care to be constantly uprooted or at the mercy of a landlord who is likely to raise prices every year.
It does not have to be this way. My apartment is owned by a housing cooperative, and every renter is also a member of the cooperative. The cooperative is required to act in the best interest of all its renters, so while apartments are being redeveloped all the time (e.g. adding lifts to existing apartment blocks), rents are remarkably stable. And the cooperative literally cannot terminate my lease. Unless I misbehave, only I can terminate the contract.
(This is in East Germany. A lot of apartment blocks constructed in the GDR era are now owned by cooperatives like described above.)