Re: RE: Limits on price appreciation - from Regine Wilson | <– Date –> <– Thread –> |
From: Chknsoup1 (Chknsoup1aol.com) | |
Date: Tue, 24 Aug 2004 12:42:32 -0700 (PDT) |
Santa Rosa Creek Commons which is a coop not cohousing is a Limited Equity Corp. and it has worked well there. But people don't pay market value to begin with and that's why it works. Most people myself included, would not agree to such a contract when they are paying $300,000 or more for their place.
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