|Cohousing fees / study participation urged [was: ... PBS ...||<– Date –> <– Thread –>|
|From: Fred H Olson (fholsoncohousing.org)|
|Date: Wed, 15 Feb 2017 10:38:14 -0800 (PST)|
Neil Planchon wrote: >... the link to the ~8 minute PBS Newshour Cohousing feature: > http://www.pbs.org/newshour/bb/cohousing-communities-help-prevent-social-isolation/ > > Includes interviews with Saettedammen (Denmark) and Rocky Hill (USA) > Cohousing residents I made a short URL to the segment: http://s.coop/cohousingpbs21217 with my prefered shortener these days. Cohousing fees came up from a non cohousing person here who saw the PBS segment. I thought the segment was generally pretty good but $3500/year fees without explanation or comparison to regular condo fees can cause sticker shock for some folks accustomed to low cost housing and defering maintenance (including me :) . I put links to a Cohousing-L discussion about cohousing fees (2015) at: http://l.cohousing.org/coho-fees-2015.htm My reply to the non cohousing person included: Comparing housing costs (and house prices) is tricky - they range very widely depending on location, size, when and how purchased/rented etc. Monthly fees in cohousing vary but they also vary in what they cover. Some include utilities which would otherwise be paid elsewhere. Most include (or should include) money for a reserve fund. The reserve fund pays to replace the roof etc when it needs replacement. This is to avoid assessments and spread expenses when things inevitably need replacement. A study of cohousing finances across US communities is currently being done. Hopefully that will shed some light on the issue. But again location will need to be taken into account when interpreting. Has you community contributed finacial information to the study? See: Cost of Living in Cohousing? You Can Help ... <http://www.cohousing.org/node/4476> Fred -- Bassett Creek Cohousing, Minneapolis http://mn.cohousing.org/bcrk/ Fred H. Olson Minneapolis,MN 55411 USA (near north Mpls) Email: fholson at cohousing.org 612-588-9532 My Link Pg: http://fholson.cohousing.org
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