Published: 16 August 2014
In metropolitan and rural areas across Victoria, rental housing co-operatives currently provide affordable housing to over 6000 people, including 2240 childrem, across 2500 properties. There are over 210,000 housing co-operatives around the globe, with over 18 million properties and some 27 million members. Today, co-operative housing accounts for between 10 and 15% of housing in Sweden, Norway and Germany, and it is a growing housing sector in Canada, the USA and United Kingdom.
Housing co-operatives are part of a worldwide co-operative movement which includes the following:
Over 1 billion people worldwide are members of co-operatives.
Over 3 billion people worldwide secure their livelihoods through co-operatives.
Co-operatives employ more than 20% more people than multinational corporations.
There are 12.8 million members of co-operatives in the UK - one in five of the population.
In Denmark consumer co-operatives hold 36.4% of the consumer retail market. ( 2007)
In India there are 583,580 co-operatives with 242 million members. (2004-05)
Finland is the most co-operative country in the world - 84% of the Finnish population are members of at least one co-operative (2007) and there are 4100 co-operatives with four million memberrs. ( 2008)
In New Zealand co-operaqtives are responsible for 95% of the dairy market. (2007)
In France 21,000 co-operatives provide over one million jobs.