Davelle Morrison

Guest Speaker: Oliver Dang, Him and his family share a house with another couple. As housing prices climb in the city many people really have to get creative as to how they can own a home in the city and Shared Ownership is a great option. • Was it difficult to get everyone on board with the idea? • How they handled the finances and who they put on title • Did they put together any kind of formal agreement for living together? • How has it worked out? • How do they divide the snow-shovelling and exterior home maintenance? • How did they decide which part of the house each couple would live in? • Did it take them a long time to find a place? • Were any renovations required? • Do they have life insurance on each other? • What kinds of contingencies do they have in place if one couple wants out or divorces? • How much longer will continue with this arrangement? • Is shared ownership a stepping stone to eventually owning the home or condo? • What was their biggest fear about shared ownership? •