Cohousing-L Mailing List: Re: housing options

[Lydia & Ray Ducharme (ducharm1]

Stephan,

Why would ownership as a cooperative make a difference?

We are considering re-incorporating as an "equity cooperative".  Does anyone
know the advantages and disadvantages of this legal structure?

Lydia Ducharme
WholeLife Housing
Calgary, Canada

----- Original Message -----
From: Lashbrook, Stephan <lashbrook [at] ci.wilsonville.or.us>
To: Multiple recipients of list <cohousing-l [at] freedom2.mtn.org>
Sent: Saturday, February 12, 2000 8:18 PM
Subject: RE: housing options


> It still might work, if the ownership was structured as a cooperative.
>
> Stephan
>
> -----Original Message-----
> From: Chris ScottHanson [mailto:chris [at] cohousingresources.com]
> Sent: Saturday, February 12, 2000 7:13 PM
> To: Multiple recipients of list
> Subject: Re: housing options
>
>
> on 2/12/2000 6:17 PM, Rob Sandelin at floriferous [at] email.msn.com wrote:
>
> > Well just to play the other side of the idea, you could just build
spaces,
> > and let each individual do whatever they wanted in terms of finishing it
> > out. Seems like a lot of the passion goes into stuff like bathtubs,
> > kitchens, etc. So you build a shell and let people fill it in to their
> taste
> > and budget. The shell framework is the same, the plumbing is set, but
the
> > cabinets, sink, faucetts, bathtub, carpet type, paint, colors etc are
> chosen
> > by the owner.
> >
> > I heard of a local condo doing this with great success, can't see why it
> > wouldn't work in coho.
>
> Rob's idea makes a lot of sense, unless you need a mortgage to own you
home.
> This is the only thing that gets in the way.
>
> Chris ScottHanson
>