Our mission is to collectively purchase a small block of units to make owning a capital asset accessible to our membership.
Our mission is to collectively purchase a small block of units to make owning a capital asset accessible to our membership. Once purchased, to maintain our individual agency with regard to individual apartments, and collectively use common spaces within an inclusive governance structure
We began because we were frustrated about housing security and accessibility.
Our first priority is to give access to housing for our crew. As many of us come from financially insecure backgrounds our solution can’t limit our flexibility, autonomy or agency. So we want to buy units together in a way that’s affordable and flexible. We understand that our relationships with the world and each other may change, so being able to leave is important. We also value community, so we want to make sure the people who are in share similar values around how we share space (even if this is just the driveway or garden).
Our original mission was to look in the inner/mid north and to purchase sometime late 2023. We’ve since found that there’s enough diversity of interest in different areas or timelines to instead try to support a few sub-groups. So our work at the moment is finding a broader pool of interested folks and developing the tools needed to link people into smaller buying groups with well suited interests.
New people are always welcome. Currently there’s a core group of people doing a lot of the leg-work to work out exactly what work needs to be done, and to do it. We always want extra brains on board, but if you don’t have the bandwidth for that kind of work that’s totally fine - we still need a good base of potential co-housing co-buyers!
Get in touch with us and get involved!
You can do this by:
- filling out our survey — this will help us understand who is interested in Ouroboros while we are building our network and resources.
- join our mailing list — low frequency (at most 1/month) newsletter about our cohousing journey for both spectators and fellow travellers
- There is a facebook group too, for facebook-group-likers
Or maybe you are not ready yet?
- Ask us a question via the contact form.
Note: We are not lawyers. This is not legal advice. This is our notebook of stuff we are learning.
What are different ownership types?
What is strata title?
A strata title slices up a property with multiple units on it into seperate titles and rights - it also gives you to the right/fair use of shared areas of the property. Under Australian states’ law there are various rules for what kind of governance structure a strata title places can have, and tax incentives to use it.
What is non-strata?
If someone needs to exit / sell their property, things can be a bit more tricky - everyone’s name would be on the title, and there would be a legal document stipulating percentage of sharing and what areas are communal. UNCONFIRMED - eligibility as individuals or a collective for first home buyers grant
What about owning property the corporate world/entites?
If you formed an entity instead of entering into a single title, you would not be eligible for things like the first home owner grant. The extra flexibility sounds fun, but is not for the economically marginal.
Why does ouroboros focus on Strata titles?
What questions will the mortgage broker ask me?
Why am I crying?
What does an apartment purchase process look like?
We are working out what this looks like exactly through an Ouroboros lens - in the meantime the standard process in Victoria is outline on the Consumer Affairs Victoria website. We are still working on the - the steps you would need to consider when identifying co-purchasers for you co-purchase group.
Who is welcome to participate? What do I need?
You need to be prepared to work with some people on a collective project, You need to be eligible to get a home loan for $X.
Is this going to solve housing affordability?
What if I want out?
What are the timelines?
What is the difference between a Strata’d and non strata property?
Who else is doing this kind of thing? Are there alternative models? Alternative groups?
Does your standard real estate know about these kinds of cohousing schemes we are embarking on?
What are the essential questions I should ask a real estate agent in my first phone call?
What do you mean when you say governance
What is a conveyencer?
a person whose job is to manage the legal process of moving land or property from one owner to another:
What is with pre-approval for the first homebuyer grants?
You can keep reapplying for pre-approval for the first home buyer grants after 90 days
what if you thought about buying just individual flats over time?
How does accessibility work?
What we are reading right now
dan mackinlay’s personal notes
Construction Physics’s Brian Potter on Real Estate, Property Rights, and Negotiation
UC Berkeley and America’s Scarcity Mindset is a fascinating document of how California institutionalised NIMBY-scarcity
Georgeism rebadged as tax reform: A change to America’s tax code could fix the housing crisis
Climate Valuation: Climate Valuation’s range of products provide individuals and commercial users quantitative insights into the impacts of climate risk on the value and insurability of residential property.
Oddball alternative model: Charter Houses
In How I save money Sam Bowman argues against buying houses for reasons I mostly agree with, except that I do not think he sufficiently accounts for downside risk of being a landless peasant in a landed gentry society. If you intend to remain in, e.g. Australia, the landless scenario is worth considering.
Book Review: Progress And Poverty, a century-old classic on how landlords cause poverty.
Particular Virtue: What’s Wrong With The Land Value Tax? (incentives of the land-owning elites are to destroy it)
Ryan Geddie, Essay Contest Winner: A Common Heritage
Coby Lefkowitz, Why Every Main Street Looks The Same
Coby Lefkowitz, A Call To Build A Better World