Cohousing-L Mailing List: Re: Median Individual Investment

[Karin Landsberg (karin]

At Dearborn Commons in Seattle we are partnering with a local non-profit 
land trust group to get about 25% of our units into the permanently 
affordable housing stock. We are also looking into forming as a co-op 
instead of a condo, with hope of reducing construction costs.

Karin Landsberg

> What is the median buy-in to an Intentional Community?
>
> From what I have seen to date, typical prices seem to be $200k to $300k.
> This burdens an individual with a lifetime mortgage (pay the bank three
> times what you borrow over the life of the loan), as well as limit 
> inclusion
> of low- and/or no-income.
>
> Is anyone running an Intentional Community as a non-profit Co-operative?
>
> Guy Koehler
> Rivendell Ranch
> Hoquiam WA 98550

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