this post was submitted on 09 May 2025
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No, it really isn't the same, its government housing because they foot the bill. They handle the liability. A private operation does not work that way.
@finitebanjo the government often steps in to clean up after (take on the liabilities of) private companies. Does it mean that all private companies are just government entities? Hardly. You are talking about some weird scenario, where housing coops leads to individuals ending up with a giant debt. It doesnt work like that in any European countries. Where are you living, and why don't you have better legal frameworks for housing cooperatives?
There is a difference between obligation and charity.
@finitebanjo I can also do poetry: the State is a tool of organised Capital