Cohousing-L Mailing List: consumer durables

[Ian Higginbottom (Ian.Higginbottom]

Even if consumer durables wear out 10 times faster when shared by ten people
there is still a big financial saving in the sharing.  This is the saving on
interest (which of course compounds) from having 1/10th the amount of capital
 tied up in the consumer 
durables (in Australia thats a savinging of 9 to 10% per annum).  Also as 
items where out they can be replaced by the most efficient model around so
that you can keep up with efficiency improvements.  How the savings
that are generated are used is up to the individual they can be used to finance
some other form of consumption, or to enable one to work less.

Ian Higginbottom (Cascade Cohousing)