cooperative housing
nounUK /kəʊˈɒpərətɪv ˈhaʊzɪŋ/
US /koʊˈɑːpərətɪv ˈhaʊzɪŋ/
A place where people live together and share the work and the cost.
My aunt lives in cooperative housing where everyone helps take care of the garden.
OTHER MEANINGS
2. A building or group of buildings owned and run jointly by the people who live there.
The cooperative housing on our street is managed by its residents.
3. A way of owning homes where members buy a share of the whole property instead of buying a single unit.
They joined a cooperative housing group to afford a home in the city.
4. A living arrangement where neighbors share chores and decisions about their homes.
In cooperative housing, meetings are held to decide how money is spent.