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Abstract
Successful housing cooperatives usually have key operating practices and phi losophies in common. These include a need for understanding some basic cooperative concepts such as the joint ownership and user-owner nature of the cooperative form of bus iness, as well as at-cost operation and democratic control processes. In addition, a sound background in management, operational, and financial aspects of coo peratives aids in ensuring the success of new or extstinq hou sing cooperatives.