RE: Re: financing doesn't define cohousing
From: Catya Belfer-Shevett (catyahomeport.org)
Date: Mon, 14 May 2001 05:57:23 -0600 (MDT)
Hi Rob,

> Right, in the definition I was creating I was comparing
> communes and
> Cohousing. And in that regard, bank financing is a key
> difference. There are
> 0 communes that have bank mortgages that I have been able
> to find.

Depends on who you are counting as a commune, I suppose.  Many of
the small style "group homes" have conventional financing.

I live in one (see the left hand side of the .sig, or
http://www.homeport.org).  We're an intentional community / a
commune / a communal house.  We have a mortgage with three of our 5
or so adults on it and a sheaf of other complicated paperwork on how
the ownership structure really works.  But there's certainly a bank
in there someplace..

I still think you have a valid point, but I'd say it holds when
looking at communities of similar size for the most part.

        - catya
                              ____
Catya Belfer-Shevett      ____\  /      Interested in
catya [at] pobox.com           \  / \/      Cohousing in MA?
www.homeport.org/~catya    \/       www.mosaic-commons.org

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