Cohousing-L Mailing List: Re: Cohousing-L Digest, Vol 152, Issue 9

Sharon Villines said:
> So what you agree to now in terms of affordable or limited equity or
whatever, it needs
> to take into account your financial situation in 50 years. Agreeing to
limited equity
> works if you are paying less each month _and save that money_. Otherwise
you can
> end up with too little money to move somewhere else. Ever.
> 
> At the age of 60 with no savings in the form of assets or independent
income, life is
> tough.

YES! I know a few folks who have lived for years in a limited equity rural
community...now they are old and less interested & able to chop firewood for
heat, etc. but they are STUCK because the rest of the county is so expensive
and they can't recoup any investment in the community, so they can't afford
to live anywhere!

***************************
Eris Weaver for Cotati City Council
eris4citycouncil [at] erisweaver.info ? 707-338-8589  
https://www.facebook.com/ErisWeaver4CotatiCityCouncil

Re: Cohousing-L Digest, Vol 152, Issue 9	<– Date –> <– Thread –>
From: Eris Weaver (eriserisweaver.info)
Date: Thu, 8 Sep 2016 08:41:12 -0700 (PDT)