Re: still happening...........
From: Jerry McIntire (jerry.mcintiregmail.com)
Date: Sat, 25 Apr 2015 14:49:40 -0700 (PDT)
I like John's idea. Create an investment vehicle, a cohousing loan fund.

Jerry
On Apr 25, 2015 3:08 PM, "John Sechrest" <sechrest [at] gmail.com> wrote:

>
> If there is a way to find the data on mortgages, there is likely a way to
> build an investment tool that would allow gathering people to invest
> directly in cohousing.
> On Apr 25, 2015 1:03 PM, "Ann Zabaldo" <zabaldo [at] earthlink.net> wrote:
>
> >
> > Hi John and all – – this is where we need some seed money to do some
> > research in Cohousing. This is the kind of data that we know are out
> there
> > anecdotally but we need some actual facts and figures to back up our
> belief
> > that Cohousing mortgages are strong mortgages and are worth investing in.
> > There are number of new cohousing communities coming online in the next
> few
> > years and we sure need a financial structure to make these mortgages
> secure
> > for the future homeowners. It's really distressing to get right down to
> the
> > takeout mortgages and then find out your shut out. The amount of
> financial
> > grief that community members who had to take because of the lack of
> > mortgage money is as I said in a former email painful and bloody.
> >
> > Ann Zabaldo
> > Takoma village cohousing
> > Washington DC
> >
> > Sent from my iPhone
> >
> > > On Apr 25, 2015, at 3:29 PM, John Sechrest <sechrest [at] gmail.com> 
> > > wrote:
> > >
> > >
> > > what do you think is the total value of all cohousing mortgages that
> are
> > > currently in existence?
> > >
> > > is there a national opportunity for an investment in cohousing
> mortgages?
> > > On Apr 25, 2015 12:24 PM, "Sharon Villines" <sharon [at] 
> > > sharonvillines.com
> >
> > > wrote:
> > >
> > >>
> > >>
> > >>> On Apr 25, 2015, at 3:04 PM, R Philip Dowds <rpdowds [at] comcast.net>
> > wrote:
> > >>>
> > >>> 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.
> > >>
> > >> I think this is a good attitude to take collectively--for the
> > Association
> > >> or volunteers on behalf of the Association to collect data and provide
> > it
> > >> to banks.
> > >>
> > >> But for each individual in a huge country to take this on has proven
> > >> self-defeating time and time again. There just aren't enough cohousing
> > >> communities or buyers applying to the same bank to make an impact as
> > >> individuals.
> > >>
> > >> Banks don't invest money in shared meals, errand running,
> celebrations,
> > >> diversity, etc. They invest in real estate developments.
> > >>
> > >> Cohousers invest in shared meals, errand running, celebrations,
> > diversity,
> > >> etc., not real estate development. (Although in the end they are, they
> > >> aren't attracted by that.)
> > >>
> > >> These are different aims.
> > >>
> > >> Sharon
> > >> ----
> > >> Sharon Villines
> > >> Takoma Village Cohousing, Washington DC
> > >> http://www.takomavillage.org
> > >>
> > >>
> > >>
> > >>
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> > >
> > >
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> >
> >
> >
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