Money Box Live: Communal Living
From a housing cooperative near the city to an organic farm in the sticks, communal living can vary enormously. So what are the financial pros and cons of a shared lifestyle?
From a housing cooperative near the city, to an organic farm in the sticks, communal living can vary enormously. So what are the financial pros and cons of a shared lifestyle? Adam Shaw visits a co-housing scheme in Leeds where residents enjoy the privacy of their own home, whilst sharing meals, cars and mortgage costs. How much can they save on their monthly bills and what are the downsides of living together with your neighbours?
If you have experience of communal living - whether a hippy commune, a co-housing scheme or even a student housing cooperative - do get in touch and share your stories. You can email firstname.lastname@example.org any time, or tweet @moneybox. Or call 03700 100 444. Lines open from 1pm on Wednesday 18 December.
Chris Coates, an editor at Diggers and Dreamers, a website offering information about communal living
Angela Vincent, from the UK Cohousing Network