• magnus (he/him)@venner.network
    link
    fedilink
    arrow-up
    1
    arrow-down
    1
    ·
    9 hours ago

    @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?