Cohousing-L Mailing List: Has anyone run into this in their cohousing development?

[heimann (heimann]

Hello Everyone,

     An article in today's New York Times
(http://www.nytimes.com/2008/05/15/business/15condo.html?em&ex=1210996800&en=1ebc381fa67f7183&ei=5087%0A)
discusses the collateral damage to owners of condo units, in terms of
unexpected assessments, unpaid condo fees, and finances-induced
property deterioration, in developments where a significant fraction
of units have been foreclosed.  As far as I'm aware this hasn't been
a problem in cohousing condominiums (definitely not in the ones I
know about), but I thought I'd check it out on the list.  Has anyone
seen this come up in their community?

Curiously,
David Heimann
JP Cohousing