4 ms·
My apologies, I can see I was not nearly specific enough. In addition to needing to sell a lot of equity to get enough money, coops generally cannot sell equit
by Kalium 4y ago
My apologies, I can see I was not nearly specific enough.
In addition to needing to sell a lot of equity to get enough money, coops generally cannot sell equity to outside parties through general-purpose capital markets to raise funds. Living in a housing coop, you can buy shares as a resident-owner. I would guess your coop does not have many investor-owners who own shares while not living in the housing coop.
Does this clarify my point for you?