Cohousing-L Mailing List: Re: Maintaining affordability

[Sharon Villines (sharon]

On Dec 29, 2003, at 9:08 AM, Sharon Villines wrote:

> One thing that would help is if people stopped considering a home an 
> investment to sell and viewed it as an investment to live in forever, 
> but the effect of our transient lifestyle on housing -- transient 
> socio-economically, not just geographically --  means this is not 
> likely to happen any time soon.
A thing that would help is if we banned all advertising for investment 
vehicles -- no more ads for mutual funds or financial planners who make 
a fortune on churning markets. Stephen Pollan's Die Broke explains how 
all this works to psych people up to places they don't even want to be. 
His point is look carefully at who is hyping retirement. Who really 
wants to retire? We want to leave jobs we don't like but the real  life 
is  in doing what we love doing. Why would we want to stop? Once you do 
this you see the rat race of current investment psychology more 
clearly.

Sharon
-----
Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org

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