Cohousing-L Mailing List: coho and property value

[Todd Samusson (toddsamu]

The impact of cohousing on the value of surrounding property is, like most
real estate, subject to the whims of perception. In this society, multiple
family dwellings signify a greater potential for rentals. And renters mean
(to fine upstanding American homeowners): 1) people who don't have as much
investment in their property and may let it run down; 2) people who are
more transient; 3) people who can't afford to buy and are therefore lower
in class.

There is a distinct psychological bais against renters and that translates
into the highly subjective realm of value placement. Unfortunately, that
value placement eventually moves from subjectivity into real dollars and
housing prices.

Todd Samusson
toddsamu [at] teleport.com