Re: Cohousing is based on home ownership
From: Brian Bartholomew (bbstat.ufl.edu)
Date: Wed, 4 Jun 2008 07:46:58 -0700 (PDT)
>       5. Income protection: you can protect your income with
>          mortgage interest and property taxes,
>
>       6. Wealth building: you can build financial wealth through
>          selling your house and keeping the capital gains.

> So how do you get affordable cohousing with these economic
> distortions in place?

These aren't the relevant distortions.  There are any number of
housing solutions which a person of "affordable" means could buy
outright for cash and tow to a lot and set up, without the
participation of developers and lenders.

Doing so is banned; that's the relevant distortion.

                                                        Brian

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