Description:
Dear Construction Industry Employer: If like many workers, your employees and you yourself are tired of commuting from somewhere with reasonable rent or affordable home purchase prices - don't you and they both want relief? "How long are your employees willing to wait to own a home of their own"? I'm writing to ask you to help your employees purchase their first home. You may already know that no one who earns their living working in Santa Barbara can afford to buy a home. Now, only 2% of buyers in Los Angeles County can afford to buy a home if they work for a living. Few can afford the other developers' homes because like any business, the developers want to sell their homes at market rates. Why are no housing developers offering this opportunity? Because in a market economy, every company is charged with making as much profit as possible. When existing owners or new property developers can sell for market price, why would they sell for less - what's in it for them? But then why should a contractor build less homes, because of the lack of creative developers to work with? If homes can be built homes for the 98% who are left out of the loop currently for home purchasing opportunities, what kind of return would that provide your company and your employees? As members of Prospective Homeowners Association, a not-for-profit start-up, contractors can work with their employees to make non-government sponsored affordable housing happen, at a price that is affordable! How is that possible? View the websites and see the simple equation. The formula created by Prospective Homeowners Association allows for a kind of "sweat equity", and other features that reduce the cost to the buyer and the time to market. This is not just about "affordable housing" for low-income persons. This is truly attainable housing for the Working Class. These are true "trickle down" economics due in part to private subsidizations from the profits of residential property development sales to upper income buyers, along with multiple other established techniques. If like me, you would like to make a difference, for yourself and your business associates, please consider joining with the Prospective Homeowners Association. Help produce the results needed in Southern California for working families; earn income for your company, and help your employees get their own new homes. You can help by either becoming a member, or directly sponsor this effort and donate to assist with predevelopment funding, or work with us in development of building and remodeling opportunities we identify. For details of how our plan interacts with Contractors, please visit www.cooperativehomeowners.com, toview the Microsoft PowerPoint or Adobe PDF presentation. Then for a discussion of the benefits your organization can experience, please contact me for an in-person conference. I am looking for sponsors with an enlightened self-interest. Perhaps we can work together. Sincerely, Gary Gary R. Cook Founder/Development Sponsor Prospective Homeowners Association Cooperative Home Developments California Licenses Insurance Agent, Broker, Producer: #0E33723 DRE Lic. 01895459 - REALTOR Associate Brubaker-Culton, Hemet, CA 92543 www.GaryRCook.com (909) 333-6070