Tag Archives: Rhino

The green district (5)

This was the time when the concept of housing cooperatives financed by syndication was born in Freiburg. By now the idea and its application has spread all over Germany. The cooperative housing syndicate (Mietshäuser Syndikat) takes a loan to buy a property and the inhabitants pay a monthly rent to first pay the loan back and second they continue to pay rent even after – to provide capital for the next sustainable living project, to buy it land or a house or a farm. This way the living space will never be owned by any person and will continue to serve as an independent, free and sustainable living zone. Continue reading

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