Cohousing-L Mailing List: Re: COMPENSATION FOR FOUNDERS' HARD WORK

[psychling (psychling]

This message generates a number of responses in me.  

I rather doubt that many `founders' expect much in the way of exceptional 
financial return for their work.  If they did ... they could likely have done 
better in a commercial venture.

The motive for cohousing development has to do, certainly, with economy.  
However, a good deal of the motive must be based on spirit and other 
`intangibles.'  

There is always something called `price appreciation' of underlying assets that 
may speak to the issue of financial `compensation.'  

See how restrained I can be sometimes!

- Dan


 -------------- Original message ----------------------
From: Linda Gluck/Treehouse <treehouse [at] netstep.net>
> Hi-
> As I'm sure many of you know, fhe first 2-3 years of forming a cohousing
> community take mountains of administrative time and energy - finding land,
> finding people, working w realtors, lawyers, planning boards, engineers,
> architects, financial advisors, and banks as well as developing all
> community documents, keeping all parties informed and keeping records of
> everything. Our members are doing all this work.
>     It seems inappropriate that residents who buy in in the 4th or 5th year
> just pay for their unit and their part of what's held in common, and get the
> benefit of all the founding work at no charge.
>     Do other communities have a way of quantifying that founder
> contribution, so that founders are compensated in some way - maybe in
> discount on their unit?
> 
> thanks,
> Linda Gluck
> Ulster County Cohousing (in formation)
> 
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