Co - owned housing would be the answer to Britain ’s escalating housing crisis . The co-owning model can help deliver and scale quality, attractive, environmental, affordable, desirable housing. In a model that has already been successful in Germany and Switzerland - and is being trialled in Wales - co - operative enterprises would manage the properties , offering long - term rentals to tenants at the lower end of the wage spectrum . The scheme would not only offer transparency and security , it would allow tenants to save money for a future mortgage , while also offering a chance for public authorities to buy land for the building of co - owned properties .
Co - owned housing would be the answer to Britain ’s escalating housing crisis . In a model that has already been successful in Germany and Switzerland - and is being trialled in Wales - co - operative enterprises would manage the properties , offering long - term rentals to tenants at the lower end of the wage spectrum . The scheme would not only offer transparency and security , it would allow tenants to save money for a future mortgage , while also offering a chance for public authorities to buy land for the building of co - owned properties .