Re: Vacancy management & turnover rates
From: Fred H Olson (fholsoncohousing.org)
Date: Fri, 6 Aug 2004 08:07:48 -0700 (PDT)
On Thu, 5 Aug 2004 rob [at] v2b.org wrote:

> We're currently researching issues for the investor's due process, one of
> which deals with turnover rates and vacancy management in comparable
> communities. I'm looking for a couple of things from anyone who'd be
> willing to share their experience:
> 
> 1. What vacancy rate have you experienced at your housing cooperatives?

Good to see another midwest cohousing group organizing. 
There are not too many midwest cohousing communities.

My general impression is that turnover in cohousing is relatively low
but I have no stats or even detailed anecdotes handy (or even a benchmark
for non-cohousing comparable housing. When we visited one of the earliest
cohousing communities in Denmark we learned that they had such a low
turnover that it created a "problem". In 25 years (basically noone moved)
that they had no children - they'd all grown up long ago and moved away...
(They'd all been young families when they started and had none had died
to free up a unit yet...  Initial age diversity would have helped.
                                                                                
                 
Did you try searching the list archives?  See link to new archives via
the Info page (link at bottom of every list message).

Fred

--
Fred H. Olson  Minneapolis,MN 55411  USA        (near north Mpls)
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fholson at cohousing.org   612-588-9532   (7am-10pm Central time)



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