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Ok. How is that going to work? How will the process be coordinated? Contractors hired? Decisions made?

• colechristensen 7y ago
  There are lots of options. One is forming a co-op organization and using that to build, then the board of the co-op is in control of that kind of thing. Units are mapped to shares of the entity and there are no other shares. Buying a unit means buying shares. Building upkeep is handled with a regular fee. A significant portion of owned apartments around the world are operated in a similar arrangement.
  • darawk 7y ago
    But wouldn't you have to wait until you sign up say, 100 or 200 people to build a reasonably dense apartment building? How is that going to be practical? A co-op is then going to have to run on consensus about what sorts of amenities to build, and what to do with common spaces, etc. Another question might be: there's nothing stopping anyone from doing this now. You could go start one of these at this very moment if you wanted to. Why do you think it hasn't been done?