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Category: Affordability in Cohousing

Affordability in cohousing is about developing secure housing and stable communities. Economists and financial planners advise that affordability means spending no more than 30% of income on housing costs. In capitalist economies, costs and prices follow the market. To produce more profit, new housing is as expensive as possible. There is no affordable housing for almost half the population. Housing codes prohibit the best construction methods. Zoning ordinances prohibit smaller living spaces and even smaller lots. Financing is only available for “market rate” housing.

Affordable Cohousing will be exploring what materials, designs, and locations will allow cohousing communities to develop housing by starting with 30% of income, instead of starting with whatever the market will bear.