Shared Ownership Communities

The market sizes listed show the number of shared ownership communities. These communities include condominiums, cooperatives, and homeowners association communities. In 2010, 24 million families and 60 million individuals lived in shared ownership communities. Collectively, these homeowners paid $41 billion in assessments. The rise in number of such communities is an interesting trend for a society that holds individuality in such high esteem.

Geographic reference: United States
Year: 1965 and 2010
Market size: 1,000 and 300,000 respectively
Source: Steve Bergsman, “Read Fine Print Before Buying Into Community,” Mlive.com, June 25, 2010 available online here.