|Re: Cohousing-L Digest, Vol 42, Issue 11||<– Date –> <– Thread –>|
|From: Cher S-P (cherworks01yahoo.com)|
|Date: Tue, 3 Jul 2007 08:52:55 -0700 (PDT)|
Affordability efforts are GOOD. Still, the gap between formal affordability and full prices is a vast black hole. As retirees on a fixed income, we fall just outside (less than $50/mo) all states' affordability criteria, even after applying every possible legal strategy. We did visit Silver Sage while it was under construction, and numerous other communities, too, but we remain financially on the outside where cohousing is concerned. We have come close, but stretching as far as possible, don't make it financially in places that work in other ways (with our health care insurance; with affordable public transit for visiting widespread family; with good vibes with values and residents). Some near-misses have been fairly painful, leaving us perpetually "homesick" for the people and places we left behind after our visits. (You know who you are.) Now, we are taking a break in our search, partly in order to come to terms with reality. Don't know what the future will hold, but I'm sure there are many, many people who would make good cohousing neighbors, who will like us need to settle for something else. Such is life. Meanwhile we applaud all of the affordability efforts, while wondering about the social structure underlying some such communities, where people will continue to live at opposite ends of the discretionary-income continuum, with a wide gap in between. It's kind of a social experiment -- some will be made to work, we think, and some won't. Re: "We currently have two affordable and two market-rate units available... 860 sq ft, priced just under $120,000; market-rate units 2100 sq ft (about half of that is finished space), and are priced in the $500,000 range." Cher
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