French retirees build ecological cooperative housing
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On the outskirts of Lyon, the Chamarel cooperative is a four story high building insulated with straw and consisting of 16 apartments of varying sizes. The founders of the cooperative wanted to create a better method for active, healthy ageing that would support members for many years and do so in an environmentally and economically sustainable way. Each member invests EUR 30,000 (or the appropriate amount adjusted to each individuals’ means) into the combined cooperative fund and pays a monthly rent of between EUR 600 and EUR 800. If a member leaves the cooperative, the investment amount will be returned…
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