Cohousing-L Mailing List: Re: Office building to Co-Housing Conversions

[Katie Henry (katie-henry]

I interpreted "current economic climate" to refer to high interest rates (our 
construction loan is currently about 9%) and the difficulty of construction 
these days, what with material cost increases and labor shortages. This is not 
a great time to be building.
Katie Henry
Heartwood Commons - Tulsa
Almost done with construction
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David Heimann wrote:
I definitely object when people refer to "the current economic climate", with 
an implication that the current economy is in trouble.  With only 3% inflation 
and 3% unemployment, the economy is in a very good position!