this post was submitted on 21 Nov 2023
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Yes, I don't understand why we don't start panic-building co-ops everywhere they fit.
It's not even about panic-building, just making it easier from a legislative point of view to get them done. Offer incentives and grants. The simplest more straightforward solution would be that there was a percentage of units in every new building destined for non-market, and slowly 'convert' units to non-market units in older buildings too.
EDIT: Aware that 'simplest more straightforward' has a very armchair-expert ring to it. I meant it in a 'this is a legitimate proposal they have the power to push and achieve' kind of way.
And I am taking your well thought out an straightforward solution, and saying with the prices being what they are, we should just panic-build coops. I'll take a 'leaky condo' at this point, I just don't want to be homeless.
Yes, it honestly does seem like an appropriate reaction at this point. Certainly wouldn't hurt.
(App double posted, deleted duplicate)