Re: Variations on low cost housing
From: Marganne (margannemacnexus.org)
Date: Wed, 21 May 2008 10:14:54 -0700 (PDT)
In cohousing, when a unit sells or is rented, doesn't the community have some say about who moves in?

At 2:16 PM -0600 5/19/08, Tim Mensch wrote:
Wishful thinking aside, many many people care what the House Next Door
looks like, and that therefore affects property values. Even if you
absolutely promise to keep up the yard and paint just fine, what if
something causes you to need to move after a couple years?  It's
reasonable to assume that the next owner might be buying there because,
well, they don't have much money--and can't afford niceties like new
paint. Also, what if it's snatched up by an investor to rent out?
Renters statistically don't keep as good care of a yard and house as
owners, and an inexpensive house in a nice area would be attractive to
an investor.

--
Cheers!
Marganne
http://cohousingsmallhomes.blogspot.com/

Small House Society
http://www.resourcesforlife.com/small-house-society

Cohousing Association of the U.S.
http://www.cohousing.org/

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