THE ROLE OF MEMBERS IN THE SUSTAINABILITY OF HOUSING CO-OPERATIVES IN SOUTH AFRICA
Publication Date : 01/07/2012
Housing co-operatives among other purposes offer affordable housing and build communities where the members work in support of each other, sharing common values. In order to meet these purposes and to keep on meeting them, members are expected to play certain roles such as meeting their fnancial obligations, attending regular meetings and supporting education and training opportunities for members. The study assessed the role of members in the sustainability of housing co-operatives through the administration of structured questionnaires. Results revealed that the membership base of any housing co-operative determines to a large extent the method of communication to be adopted. Also, refusal of members to meet their fnancial obligations is a serious impediment to the sustainability of housing co-operatives. It was concluded among others that education and training of members should be vigorously pursued so that members’ responsibilities could be understood.
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