Re: Urban Affordable Cooperative Cohousing Communities.
From: Sharon Villines (sharonsharonvillines.com)
Date: Sun, 8 Feb 2009 06:54:44 -0800 (PST)
Joani Blank <joani [at] swansway.com>


is the author of the message below.  It
each resident household owns a membership share (which costs a lot less
than it costs to purchase a cohousing condo or townhouse).

Why would this be true? The whole complex would cost just as much to build. Is it a savings on the individual legal fees?

in a coop, one's membership
share does not increase in value (no more more than a small cost of
living increase) no matter how long one lives there.

This isn't part of the definition of a coop. Normally the price of one's share increases with the market just as any other form of ownership.

If one's investment doesn't increase in value, one can never move. Unless one has other forms of income that do increase.

Sharon
----
Sharon Villines
Takoma Village Cohousing,Washington DC
http://www.takomavillage.org




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