What is the financial structure of most residential communities?

Question

Quizplus · Accepted Answer

Most residential communities are privately owned, meaning they are owned by a real estate development or management company, and residents pay rent or a mortgage to live there. Subsidies from the government may be available for certain communities or individual residents, but this is not the typical financial structure. The residents themselves do not generally build the community, although they may have input into the design and amenities. Residential communities are also not typically run by universities.

What Is the Financial Structure of Most Residential Communities