Javier Burón explains the cooperative use-rights model
Javier Burón explains the cooperative use-rights model
What is Use-Rights Housing?
Use-rights housing is an innovative and collaborative way to enjoy your home within a community. It’s the perfect model for senior cohousing projects like Lagungarri, combining stability, autonomy, and flexibility.
How Does It Work?
Use-rights grant you the lifelong right to live in a cooperative housing unit, without being a traditional owner or tenant.
Instead of purchasing the property, you make an initial contribution and pay an affordable monthly fee, which goes toward maintaining the community.
How Is It Different from Ownership or Renting?
You are not the owner of the property, but you have lifetime security of use.
Unlike renting, you are not subject to renewable contracts or unexpected rent increases.
Benefits of Use-Rights Housing
Stability: The right to live in the home as long as you remain part of the community.
Economic Accessibility: No need for large mortgages; you make an initial contribution and pay reasonable monthly fees.
Cooperative Model: Decisions are made collectively for the benefit of all members.
No Speculation: Homes are not bought or sold on the market, maintaining the focus on community and well-being.