Cohousing is based on home ownership
From: Rob Sandelin (floriferousmsn.com)
Date: Wed, 28 May 2008 09:25:58 -0700 (PDT)
In general, cohousing is set up for home ownership. This means it will
exclude those people who do not have the income, credit, job history and
down payment ability to qualify for a mortgage from a bank. The housing
market in some places is very expensive, and even people with reasonably
good jobs and credit history can  not afford to buy a home.  

This does not mean if you are excluded from home ownership in cohousing you
can not have community in your life. Cohousing is only one kind of
community. There are many others, many of which are not based on home
ownership.  Check out FIC.org for info.

Rob Sandelin
Who could not afford to live in
Sharingwood Cohousing
If I had to buy my home today.


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