|Re:USA Today Article/low cost||<– Date –> <– Thread –>|
|From: Judy (BAXTERepivax.epi.umn.edu)|
|Date: Fri, 18 Jul 1997 16:39:14 -0500|
Robert Schrader wrote: (july 16) <<I'm a refugee from a failed attempt at cohousing here in San Diego in 89/90. It was promoted partly as low-cost and partly as community-oriented. We had one member who owned several developable acres, and lots of people interested, but when the time came for all of the other members to put up money, the *majority* could not produce their share. The whole venture then collapsed. Promoting cohousing as low-cost recruits too many who are financially marginal. The whole project is then on shaky ground from the start. All it takes to collapse it is one big stumpling block -- in our case it was the 1990 recession. >> I think the key here is *realistic* financial information, which is really hard to get and believe. And it's hard to allow enough for the unknowns. There's lots of discussion in the archives, I think. Finding good help can also be challenging. I do agree with Robert- <<Please note that I am not trying to say that cohousing is not low cost, nor am I trying to disparage the efforts of those who have made it so. I simply think that we should be thankful that USA-Today did not mention it.>> that we should not promote cohousing as easily or typically low cost, but it *can* be moderate cost, with a lot of work, I think. And again, it depends on your model. If you can follow N Street, that's a different story. Judy Baxter, Monterey Cohousing Community,(MoCoCo) Twin Cities Area, Mpls.,MN -- e-mail: baxter [at] epivax.epi.umn.edu ****remodelling our Common Kitchen****** -- Resident of the "mansion"- the 1st 8 homes in a rehab Georgian building built as a retirement home in 1924 - -- 7 new townhouses (additions to the community) are done! - and occupied, one ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ is left for a Cohouser buyer, move in after June,1998 - 3 BR, 2 car tuck under garage, $145,000 Voice Mail for Monterey Cohousing - 612-930-7554
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