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People improperly use terminology related to housing and real estate, sometimes with unfortunate results.

DragonflyProperties

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Sep 25, 2007
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Hi all,

An article from today`s edition of the Vancouver Sun. Excerpts:

Today, I often hear people improperly using terminology related to housing and real estate, sometimes with unfortunate results.

It will be increasingly important to understand housing terminology in the future, since developers will be offering more options, such as single-family condominium developments and "fee-simple" townhouses.

We can also expect more co-housing, which offers different forms of housing with a higher provision of shared amenities, and alternative tenure options, such as life-lease and shared-equity.

Today an increasing number of American projects offer an innovative new tenure option for seniors. It is called rental!

http://www.vancouversun.com/Lexicon+housin...0007/story.html

Keith
 
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