Cohousing-L Mailing List: Re: Questions about Reserve Amounts

[Joseph Wheeler (wheeler76]

I can't speak to the thinking that went into the formula at the time Takoma
Village was founded because I wasn't around, but I think it is a somewhat
standard formula that seeks to balance some of the unequal costs/benefits
attributable to the different sizes of units with each unit owner's equal
access to common elements (the latter being a more significant factor in
cohousing than in other condos). I'm sure there are different ways to
balance these interests and further minimize regressiveness of fees. I
haven't thought through the options enough to argue in favor of this or
some alternate as the preferred approach.

-Joe Wheeler
Takoma Village Cohousing
Washington, DC


On Sun, Jul 8, 2018 at 11:53 AM, Philip Dowds via Cohousing-L <
cohousing-l [at] cohousing.org> wrote:

> But, is that not regressive?  The latter component, proportionate to sq
> ft, is roughly correlated unit value (itself roughly correlated to
> household wealth), and number of occupants in the unit (roughly correlated
> to burden on the commons).  But the former component — one price fits all
> for both 1 person in a small one bedroom, and 4 persons in a three bedroom
> — falls more heavily on the small household.  What reasoning led to this
> outcome?
>
> Thanks,
> RPD
>
> > On Jul 8, 2018, at 11:44 AM, Joseph Wheeler <wheeler76 [at] gmail.com> 
> > wrote:
> >
> > The basic formula for calculating our condo fees is that 1/2 is split
> > evenly among all the units and 1/2 is variable based on square footage of
> > the unit.
>
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-- 
peace, joe