Can Boomers Make Cohousing Mainstream? from the Atlantic “CityLab”

Check out this article from the Atlantic “City Lab”http://www.citylab.com/housing/2015/01/can-boomers-make-cohousing-mainst…

Katie McCamant is quoted: “McCamant predicts the number [of cohousing communities] will double within 10 years.”

One of my quotes: “Baby boomers are demanding a better way to live. We want to be sustainable; we want community, happiness.”

This upbeat profile is dampened with this perspective: Christopher Leinberger, a nonresident senior fellow at the Brookings Institution, says although cohos mesh philosophically with what many aging baby boomers want—dense, walkable communities—so do a lot of traditional developments that don’t come with so many legal and financial headaches….”Banks still underwrite experience every bit as much as they underwrite balance sheets.”

 

 

Category: Seniors

Tags: News

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