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Out of context: Reply #3

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• Gnash2

  owning property with people certainly has its issues but if it's a way into the market, then do it.

  The biggest problems will come when someone wants out and the others can't afford to buy them out. hence forcing a sale. any agreement you form should focus on how exits will be managed.

  although not in a shared ownership, my neighbours have become family. they have 3 little girls and they're at my place as much as at their own. dad is a doctor and mom is often scrambling to wrangle the kids on her own. along with my 2 kids (teens) the place is a zoo but great. having a community is healing. (they're moving back to germany soon and will be missed)

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  • Also rules for engagement re: borrowing against the property. I can see that being a collective issue to discuss beforehand.shellie
  • That's the kind of thing I'm talking about Gnash. Having that community feel.notype
  • just do it. let the community happen organically. just be in a space to welcome it.Gnash
  • just do it. even if it blows up you've made an investment and you've learned somethingGnash
  • and remember, an agreement is ONLY to be prepared for the bad times. the community will end at some point, good or bad, so it must cover the exit strategy.Gnash
  • this ^ was resonant for me Gnash, thanks... i too think it'll happen organically.notype

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