Just remember: Love writes the check. Math cashes it. And the 40/60 condo is math, down to the very last penny.
Despite the ambitious goal of providing affordable urban living, the 40/60 projects have faced extensive setbacks. Research indicates that some units have remained under construction for over .
In the world of real estate, symmetry is rare. We are taught to chase the 50/50 partnership—the perfect marriage of equals. But walk into any attorney’s office or family mediation table, and you will find a different reality. You will find the .
If the 60% owner makes every decision—where to hang the TV, whether to buy the expensive garbage disposal, when to host Thanksgiving—the 40% owner will eventually feel like a tenant who happens to have equity. Tenants leave. Tenants force partition sales.
Just remember: Love writes the check. Math cashes it. And the 40/60 condo is math, down to the very last penny.
Despite the ambitious goal of providing affordable urban living, the 40/60 projects have faced extensive setbacks. Research indicates that some units have remained under construction for over .
In the world of real estate, symmetry is rare. We are taught to chase the 50/50 partnership—the perfect marriage of equals. But walk into any attorney’s office or family mediation table, and you will find a different reality. You will find the .
If the 60% owner makes every decision—where to hang the TV, whether to buy the expensive garbage disposal, when to host Thanksgiving—the 40% owner will eventually feel like a tenant who happens to have equity. Tenants leave. Tenants force partition sales.
