|Re: Rentals and power||<– Date –> <– Thread –>|
|From: Trey Wedge (treyhpperf1.cup.hp.com)|
|Date: Mon, 9 Aug 93 12:03 CDT|
************ Stuff deleted *************** > We have several people in our group who could afford to buy more than > one unit, renting the other out. This has some obvious advantages - we > sell more units, and people who we'd really like to have in the group > but can't scrape together a down payment could live there. On the other > hand, I am very concerned about the effect on the community of having > the power imbalance of a landlord-tennant relationship within the > community. I know that there are some communities that mix > owners and renters, but are any of the rental units owned by other > residents? Have any other groups encountered this issue? There is always the approach that a friend took, when renting out an extra room in his house. Instead of the typical land-lord tennant relationship, he put the rent money into equity, and his renter ended owning a small percentage of the house, on which she could take loans, and sell at her convenience. I always hear the landlord side of how inconvenient that can be, but doesn't it seem fair? The landlord gets a place to live and gets help making his payments. The tennant gets a place to live and for the help (s)he provides, (s)he gets a piece of the equity that the rent goes to pay for. Trey Wedge trey [at] cup.hp.com > > Steve Gaarder Ecovillage at Ithaca > gaarder [at] anarres.ithaca.ny.us > ..!cornell!batcomputer!anarres!gaarder > > >
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