All across Canada, cities are struggling with housing affordability. As we briefly discussed in last week’s article, Housing Affordability in Toronto - A City in Crisis, many middle-income families and residents in Toronto have been unable to enter the real estate market. The missing middle is becoming a topic that all levels of government are beginning to consider as a means of tackling this crisis.
We have reached Step 4 in our series on the Steps to Co-Ownership. Previously, we have discussed how to find your partners and creating your group in Step 1, how to create a financial model in Step 2, and how to create house rules in Step 3. In Step 4, we will discuss everything surrounding a co-ownership legal agreement.
Co-ownership is a great way to create and foster your own community through co-operative real estate. We at GOCO are constantly advocating the versatility and benefits of co-ownership and how you can use it to define and choose your lifestyle in your home. Here are five great ways to live sustainably and have a more green and eco-conscious lifestyle through co-ownership
