Loomio

Welcome to Wellington Co-operative Housing Society

LHB Loomio Helper Bot Public Seen by 287

Please take a moment to introduce yourself: post a comment in the form below.

If you have clear intentions for this Loomio group, you could share them here so everyone has an idea of what they want to achieve together.

JC

Joseph Cederwall Sun 24 Apr 2016 2:33AM

Has anyone seen this yet? Interesting model in Auckland.
https://www.theownery.co.nz/
Not exactly solving the core issue of extractivism but may help some people get into the market easier through savings and investment.

LK

Lucas Kengmana Thu 28 Apr 2016 7:10AM

Yeah it's an interesting model. I don't really understand how they are able to guarantee to buy land at the latest valuation - it seems like they can only repurchase a little bit of this and that they may come unstuck if there was panicked selling but I can see how some people would be attracted to this solution when prices are moving as quickly as they are.