Cohousing-L Mailing List: Re: Attracting families to already existing cohousing communities

[Ellen Keyne Seebacher (elle]

On Tue, Feb 16, 2010 at 02:31:40AM -0800, Marganne Meyer wrote:

> I've always figured if you have a 3-bedroom house but no one can 
> afford it, you find someone who can live there as an owner and rent 
> one or two of the bedrooms out so there would be funds for the loan.

Banks don't seem to like that these days. :(

(We have several four-bedroom homes with in-law suites, and figured
extended families or unrelated groups might purchase together if
nuclear families didn't.  Hasn't happened, in part because stiff
mortgage requirements have scared off several potential buyers.)

-- 
Ellen Keyne Seebacher                   elle [at] pobox.com