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Originally Posted by Peaches
They also have "co-ops" in NYC. Something I still don't understand. I know they have to vote on letting people buy a place there though.  |
My understanding is that it's the same thing as an apartment or condo, but not just anyone can buy it. (there's the voting thing)
In a way it's kind of cool, you can do background checks on your neighbors before they move in so you can keep the riff-raffs out.