Cohousing-L Mailing List: Re: Sharing Economy/Truly Capitalist

[Sharon Villines (sharon]

> On Oct 21, 2015, at 10:13 AM, Sharon Villines <sharon [at] 
> sharonvillines.com> wrote:

> It started when the large mansions in Manhattan could no longer be afforded 
> by the descendants. So friends and family changed the ownership to 
> cooperatives and began living together. Many of these large homes were 
> already laid out with suites and set up for extended families and traveling 
> guests to have private quarters. As a cooperative, the homes could remain 
> essentially private, and ownership even private.

I should also add that that this is the way large extended wealthy families 
manage finances. I don’t have any inside information but the Rockefeller family 
and the Kennedy’s have complicated financial arrangements so ownership is both 
shared and controlled by the family. These can extend over many homes in 
different locations. There are legal agreements in place to be sure the family 
stays in control.

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