|Turnover in Cohousing||<– Date –> <– Thread –>|
|From: Chris ScottHanson (chriscohousingresources.com)|
|Date: Fri, 21 Jul 2006 08:55:17 -0700 (PDT)|
Did you know that something approaching 50% of the hsoue sales in cohousing are from cohousers purchasing other cohousing - moving up in size, moving down in size, or moving to a new location with existing cohousing?
In western culture, it appears, home ownership is on average, a 3 year thing. Then we move to another home that we own. In cohousing this number is higher we think, maybe as much as double. Doing the math, moving once every 6 years on average (some more often and some not at all!), a 30 unit cohousing community will most likely have one unit turn over each year or so.
Human behavior x the numbers... no judgement involved. Chris On Jul 21, 2006, at 3:11 AM, Lion Kuntz wrote:
The part you forgot is where you live when you have cashed in on your investment. The kid is in college, yes, I get that part, but you soldthe house according to your theory, so where do you live? Oh, this mustbe the part about living in the tent that I didn't understand in earlier discussions.
- Re: "Targeting" the wealthy, (continued)
- Re: "Targeting" the wealthy Robert Heinich, July 15 2006
- Remember when? patjavcc, July 25 2006
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