Re: Value vs. Cost
From: Tom Lent (tlentigc.apc.org)
Date: Sat, 28 Sep 1996 23:43:53 -0500
Thanks for the clarification. Now that I understand, there is no question.
You can't really accurately allocate the "actual" construction and
development costs to every unit in any objective way anyway so you are going
to be arbitrarily divying up your costs in to prices anyway. You can make up
the factors that determine the proportion to suit your sense of fairness and
financial need as long as they don't exceed appraisable values. Have fun.
That discussion of how to divy up the cost took us six months. Next best
(worst) discussion after names and pets.

Tom Lent - Berkeley Cohousing
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Tom Lent * 2220 Sacramento St * Berkeley, CA 94702-1907
           email: tlent [at] igc.org * phone: 510/845-5243
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