Problems leaving LEHC | <– Date –> <– Thread –> |
From: Reede Stockton (reedestockton![]() |
|
Date: Thu, 8 Sep 2016 09:19:06 -0700 (PDT) |
This is bound to remain a problem with any small-scale solution to affordability. It's not really a problem with the model itself. It's a problem with our vision of the model as one that can seamlessly and effectively coexist with the for-profit model as a niche solution. It can't. Long term success will require scaling up so there are enough options to accommodate folks like your friends. On Sep 8, 2016 8:41 AM, "Eris Weaver" <eris [at] erisweaver.info> wrote: 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 _________________________________________________________________ Cohousing-L mailing list -- Unsubscribe, archives and other info at: http://www.cohousing.org/cohousing-L/
- (no other messages in thread)
Results generated by Tiger Technologies Web hosting using MHonArc.