Cohousing-L Mailing List: Re: Per Household or per person?

[Diana Carroll (dianaecarroll]

Well let's see how things look five years out. Things aren't "done" yet. The 
houses are all built but not all sold. The loan has not been paid but the 
personal guaranties have not called yet. Confidential negotiations between 
lenders and our guarantors are still ongoing. 

Only time will tell whether we "worked it out without bogging down in 
excruciatingly precise accountings."  And at what cost: financial, emotional, 
and to our community's health. 

I'm only reporting what happened so far, and in no way suggesting that our way 
was best. 

Diana at Mosaic Commons

Written on a small keyboard, please forgive bizarre typos


On Mar 19, 2013, at 8:57 PM, R Philip Dowds <rpdowds [at] comcast.net> wrote:

> 
> Your answer was interesting and appropriate.  Unequivocally perfect financial 
> equality is greatly elusive, in terms both theoretical and pragmatic.  Trying 
> to make everything "fair" down to the last penny corrodes many other aspects 
> of one's social and political relationships.  I'm glad you worked it out 
> without bogging down in excruciatingly precise accountings.
> 
> RPD
> 
> On Mar 19, 2013, at 1:36 PM, Diana Carroll <dianaecarroll [at] gmail.com> 
> wrote:
> 
>> It's true. And our group came to the threshold of failure on two occasions 
>> (depending on how you count). 
>> 
>> Part of what affects how much people contributed is how much faith they have 
>> in the project, how much risk they are willing to take with their money, and 
>> how badly they want it to happen. 
>> 
>> There was no loss sharing agreement. Everyone put in what they could knowing 
>> the risk. And this affects us to this day, because money WAS/is being lost, 
>> in differing amounts for different people.
> 
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