Living in a cooperative makes you part of a community, because everyone there owns a share of the building or the property. Cooperative living can create opportunities for those who earn a living but cannot afford, or do not wish to live in, market-rate housing. Shareowners share in the risks and the rewards of living in a cooperative, so it isn’t like leasing an apartment. If you plan to live in an area for a few years, you may want to invest in a cooperative there!
