|Re: Average turnover||<– Date –> <– Thread –>|
|From: Joelyn Malone (JKMalonecomcast.net)|
|Date: Thu, 7 Aug 2008 16:07:01 -0700 (PDT)|
Craig is exactly right, about certain kinds of units being pre-disposed to turnover. Here at Monterey Cohousing, of our 15 units, seven are still occupied by the original owners. How many years is difficult to come up with, since we had only 8 units for the first 3 years, and then 7 more when our new townhouses were built. We've had ownership of units change hands to other current residents maybe 3 times total, and renters move to be owners once. (All rentals at this time are subleases of part of a unit by the resident owner.)
On the other hand, with our very small units (we have 4 in our Main Building, under 450 square feet), one has the original owner, one has turned over 5 times, and the other 2 have turned over only once in one situation, and twice in the other. Many of those moves (including our 79-year old crone) were because of marriage or moving out of the community and in with a new partner. 3 townhouses have turned over just once, and 4 still have the original owners.
Joelyn(Where summer looks like it will last about 5 weeks at the rate we're going.)
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