Davelle Morrison

Guest Speaker: Jean-Paul Bedard; Him and his wife are sharing 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. • How the Shared Ownership arrangement came about • 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 they divided the snow-shovelling and exterior home maintenance • How they decided on 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 they'll continue with this arrangement • Do they see shared ownership as a stepping stone to eventually owning a home or c