Cohousing-L Mailing List: Re: Large Increase in Capital Reserve requirements

[Brian Bartholomew (bartholomew.brian]

> At Cornerstone, our capital replacement reserve was founded on a
> premise that project costs (e.g., the costs of roof or boiler
> replacement) would inflate at about 3% a year.  Wrong.

Correct.  The increase in the cost of living is larger than the
2-3%/year government reports it to be.  The last measurement I saw,
over six years ago, calculated by counting register receipts and bills
including gasoline and heating, was 8% for non-fancy places and 13%
for fancy places.  This breaks everybody's capital reserve budget.

Original C-L threads with subject lines "investing reserve funds" and
"Consumer price inflation" from around 16 Aug 2018:

        lists.cohousing.org/archives/cohousing-l/mail37.html

Original message with footnotes, links still work:

        lists.cohousing.org/archives/cohousing-l/msg43290.html

Brian