Hah what are you going to do, buy a house instead? We're all fucked once this is the norm.

I don’t know if this applies in the US but multiple people can take out a mortgage against the same property. If you have 3/4 trustworthy friends then you can pool your money to buy a place. It’s complicated but better to invest your money in your own property than to line the pockets of cunt landlords and letting agents.

Co-ownership is kind of a horrible idea overall. What happens when one of the 4 people wants to use the property as collateral for a loan?

Not to mention that this promotes increase in property costs without fixing the issue. If the norm is to continue pooling money between individuals then real estate can continue to raise prices. Then you just need 6 friends 10 friends 14 friends etc. we need a market crash and we need corporate residential ownership to be heavily regulated.