Co-operative housing could help turn "reluctant
renters" into home owners, according to a report launched at Co-operative
Congress. The Welsh Co-operative Centre
commissioned the research following the Welsh Government's decision to back
co-housing as a way to build affordable homes. The research found that
“reluctant renters” – those priced out of the owner-occupied sector, but who do
not need social housing – wanted a sense of ownership. The findings highlight a low level of
awareness of co-operative housing, but considerable interest in the
co-operative approach among respondents who could not buy their own homes. Most felt it important to have an equity stake
in a development. However, affordability was considered more of a factor than
equity. Read more on the Co-operative
News website.
