Re: Reserve Studies
From: Sharon Villines (
Date: Tue, 8 Aug 2006 12:48:25 -0700 (PDT)

On Aug 8, 2006, at 1:18 PM, Rob Sandelin 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.

One way around this is to stress resale value. The fastest growth in housing is in homeowner associations so increasingly people will understand how to evaluate the relative value of a unit in a community with healthy reserves than in one without them.

Sharon Villines
Takoma Village Cohousing, Washington DC

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