Lol yeah, I hadn't proofread my comment to my satisfaction when my kids started crying and I desperately wanted to at least read it once in full length but my wifes glares kept getting stronger and stronger so I just bailed lol

On EMI, it is a very different thing indeed. At the end of an EMI you own the home personally. With a renters co-op all the renters own and manage all the properties collectively as soon as they become members. Well kind of. A renters co-op might get very large, at which point an elected governing body becomes necessary. Any renter is eligible to vote in these elections, no matter how long they've been renting, and representatives are literally from the neighborhood so it's possible to just talk to them while out walking the dog or whatever. This governing body (however incorporated, usually as an association i think) owns all the properties, some engaged renters put themselves up for election and people vote on it. This governing body then oversees the budget and weighs what to put all the incoming rent toward.

But no matter how long you have lived there, how much rent you paid, you personally don't own any part of any property. If you move to another residence within the co-op you just move there. No selling or buying, your rent might get adjusted but that's it. If you move out of the co-op you get the portion of the co-op that you own paid out. You can think of it a bit like a share in a company. You own a portion of the company, the share is valued at whatever fraction you own times the value of the company. You can decide on the direction of the company by voting with other shareholders. The parallels end however when you get to trading shares, you can't trade membership in a co-op. Every renter is expected to own a "share" (with maybe some rare exceptions) and every "shareholder" is expected to have a residence in the co-op. It's therefore not possible to trade your share. Either you're a renter in which case you have to have one, or you aren't in which case you cannot have one. Meaning you can't speculate on them.