Re: Reserve Studies (and aging in place)
From: Jim Snyder-Grant (
Date: Tue, 8 Aug 2006 12:22:12 -0700 (PDT)
We have read that most condos are under-funded, and the dynamics are
as Rob describes.

In contrast, at New View, we've been here for 10 years now, with only
3 turnovers among the 24 households. It looks and feels like a bunch
of us are in it for the long haul. I describe this as my terminal
house. People here used to laugh, now they nod.

With another neighbor, I'll be sponsoring a series of discussions this
fall about aging in place at New View. My cosponsor had a stroke this
Spring, the main effect being partial (left-visual-field) blindness.
Suddenly she needs a lot, and the community has done a decent job of
coming through for her. She and I want to generalize from that
experience, and learn more about how we can help create and nurture
that support as time & morbidity catch up.


On 8/8/06, Rob Sandelin <floriferous [at]> wrote:
Just one perspective about reserves, this being a psychological one .  I was
in a frank discussion once where many of the people wanted to put in the
minimum towards reserves because they has little faith that they would be
living in that building in the thirty years later time frame, and so if it
cost something extra, they would not be paying for it.  This came from the
wider notion that America is not the kind of society anymore where people
live 30 years in one house. In fact, such longevity in one place is almost
unheard of in this generation. We are mobile, we move for jobs,
relationships, or just to change scenery.  In this group discussion that I
am describing, not one person in the 25 people had ever lived anywhere in
their lives longer than 9 years!  They had little attraction to charging
themselves a bunch of money for something they would never receive and
choose to put in whatever the minimum requirement was.

So the whole notion of planning ahead thirty years can be extra challenging.
I know it was for this particular group

Rob Sandelin
Naturalist, Writer
The Environmental Science School
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Jim Snyder-Grant
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Acton MA 01720
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