Condos could be pre-contracted just like any other home. And I believe condo associations are resident owned.
Ultimately though, I think the important bit would be that the finished inventory is only owned by actual residents. Which a condo association would accomplish.
Ultimately though, I think the important bit would be that the finished inventory is only owned by actual residents.
See, that’s more practical. I still worry it would be impossible for many people to buy into their own home as opposed to renting, but it makes basic sense as a policy idea.
Condos could be pre-contracted just like any other home. And I believe condo associations are resident owned.
Ultimately though, I think the important bit would be that the finished inventory is only owned by actual residents. Which a condo association would accomplish.
See, that’s more practical. I still worry it would be impossible for many people to buy into their own home as opposed to renting, but it makes basic sense as a policy idea.