Cohousing-L Mailing List: Re: Diversity in Cohousing/rentals

[Racheli Gai (jnpalme]

>From Racheli
Sonora Cohousing

Sharon wrote (in part):

>One of the reasons to include rental units is to include those people who
>do not have (and/or do not want) the financial capital to purchase a
>unit. But "renters" are not welcomed by many people in cohousing (or by
>banks). This excludes most of the 20-30 age range, except those whose
>parents do not have the capital to give them their down-payment.

The problem with providing affordable rental units is, that if the houses
are expensive, the rent is going to be high and basically out of reach of 
lower income people.  In a sense, it doesn't widen the opening (from a
socio-economic perspective) a whole lot.  This has been the case with the
two rental units we have.

R.




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jnpalme [at] attglobal.net (Racheli Gai)
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