What Is a No-Equity Co-op?

In this episode we outline: 

How to build enough affordable housing for everyone using an existing housing model that’s proven to work.

How to pay for it.

How to convert existing market rate housing into affordable housing.

How we can accomplish all of this even within current neoliberal economic constraints.

THIS IS NOT AN INTELLECTUAL EXERCISE, IT’S A REAL POLICY PLAN, MAKE IT HAPPEN!

Art by Khosro Berahmandi

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TRANSCRIPT: (coming soon)

VIDEO VERSION

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ALL MUSIC BY STARSIXNINE

Gary Stevenson – Why Is Housing So Expensive? 

Gary Stevenson – Inequality is Driving Everything

Gary Stevenson – Why the Rich Get Richer

Gary Stevenson – The Covid Inflation Crisis Explained

Gary Stevenson – How Covid Makes the Rich Richer

0:00 Hello fellow kids / Introduction

2:32 Khosro Berahmandi’s $435, 2 bedroom apartment

4:08 The no-equity cooperative

8:12 Why aren’t there more cooperatives?

9:58 Financing cooptopia

10:41 Problems of taxation

13:04 Problems of borrowing

13:51 Problems of printing money

14:53 How to overcome these problems 

18:00 The problem with public housing

19:15 How to deal with inflated land costs

20:19 Densification vs building new neighbourhoods

21:27 How to phase out rental housing

22:40 Gremlin children of landlords

24:25 A massive boon to the economy

25:33 Freeing landlords from rent dependency

25:54 Rent control

26:59 Try a test run in your city!

28:03 Do dis now!

28:30 In the meantime / gimme