Cohousing-L Mailing List: Re: Cohousing and Economic Hardships

[Elph Morgan (elph]

Hi Zev,

Your question is not necessarily ahead of the curve, unfortunately.
We've had one foreclosure in Sunward and we have several people who
are on the edge as indicated by their significant debt to association
fees here at Great Oak.

I think there are several things that help. One is to talk about it.
Get the discussion about personal money going - it's a tough one for a
lot of people to share with others. Two is to get imaginative about
coming up with solutions to issues. Three is to keep positive and work
to sustain the relationship - that's one of the strongest aspects of
cohousing is our relationship with each other. Solutions to financial
situations need to be fiscally sound but they don't have to be by the
book!

-elph

On Wed, Oct 8, 2008 at 3:48 PM, Zev Paiss <zpaiss [at] comcast.net> wrote:
>
> Hello Cohousing Neighbors,
>
> One of the advantages of living in cohousing is having a more
> interactive relationship with our neighbors. Given this, I would like
> to propose a timely conversation that might be a good one to have
> given the challenging economic times we are in.
>
> How might we deal with a futuristic scenario where several of us have
> lost our jobs, have fallen behind on our mortgage payments and are
> facing forclosure? I am NOT saying this will happen, but I thought it
> would be enlightening for us to have this conversation BEFORE it
> actually happen and to use this to help generate useful conversations
> in the 113 cohousing communities around the country.
>
> What do you all think?
>
>
> Zev
>
> Zev Paiss
> Abraham Paiss & Associates
> Building Sustainable Communities Since 1992
> 1460 Quince Ave. #102
> Boulder, CO 80304
> 303-413-8066
> Zev [at] AbrahamPaiss.com
> www.AbrahamPaiss.com
>
> ü Please consider the environment before printing this email.
>
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