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Attempts to understand housing co-operatives in terms of their development over time and their relationships to other types of housing tenure. The book considers them within the framework of the broader co-operative movement and its role in society's overall system of production and exchange. There is an examination of the role of a form of ownership which is neither "private", nor "state" in six countries, and in some cases the fortunes of housing co-operatives seem closely to correlate with periods of political liberalization and crises, heralding a shift in ideological orientation.