Cohousing-L Mailing List: Re: still happening...........

[Ann Zabaldo (zabaldo]

Diana and all – I totally understand how difficult it was for people Who 
endured the crash to come up with mortgage money.   Painful and bloody.

It was hard to get a loan for any housing at all. My only point is I don't 
think it had anything to do with "Cohousing" as much as it had to do with 
Lenders be much happier to sit on mortgage money authorized by the Congress 
than actually lend it out. It was a disgrace all around. And it still is. 

Ann zabaldo
Takoma Village Cohousing
Washington DC


Sent from my iPhone

> On Apr 25, 2015, at 3:30 PM, Diana Carroll <dianaecarroll [at] gmail.com> 
> wrote:
> 
> 
> "Skulk"?
> 
> Our first unit came on the market right when the real estate market crashed
> in 08. Since then it's taken us nearly 7 years to sell all our units. Our
> development entity is bankrupt and a lot of individuals lost a LOT of
> money.
> 
> You can come lecture us about how we should have stood up to the banks
> instead of "skulking" when it's YOUR money on the line, not ours.
> 
> Diana at Mosaic Commons
> 
>> On Saturday, April 25, 2015, R Philip Dowds <rpdowds [at] comcast.net> wrote:
>> 
>> 
>> But … many condos own stuff in common: Stairwells, swimming pools,
>> clubhouses, lawnmowers, fences, laundry rooms, etc.  And all condos also
>> govern themselves via sub-groups such as managing boards and committees.
>> So how is cohousing different?
>> 
>> Well, as a design and construction professional who worked the residential
>> market for more than a decade, I can report that condominium associations
>> have a bad reputation generally for being unreliable and hard to work
>> with.  Many architects, engineers and contractors refuse to work for a
>> condo association, except maybe as a last resort when other business has
>> dried up.  In general, I think that condos organized as cohos are more
>> rational and dependable than those organized otherwise; they certainly
>> aren’t any worse.  If a bank is willing to loan for a dwelling unit
>> embedded in a aggregation of alienated strangers, it should surely be
>> willing to lend for a similar unit in a community of friends.
>> 
>> So I remain totally opposed to skulking around, hoping that the capitalist
>> interests of money and property fail to notice that I live in cohousing.  I
>> think we need to keep on doing what we’re doing:  Educating, and leading
>> the way.
>> 
>> RPD
>> 
>> 
>>>> On Apr 25, 2015, at 1:31 PM, Diana Carroll <dianaecarroll [at] gmail.com
>>> <javascript:;>> wrote:
>>> 
>>> From the
>>> perspective of the banks, they are happiest when it is just a condo,
>> plain
>>> and simple.
>> 
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