Why they believe that other people should foot some of the costs for them to live where they cannot afford to live.The United States does not have a housing crisis, but parts of the United States (including coastal CA) does. 

There is an affordable housing crisis in Southern California now.  

But it looks like they are 'exploring' the idea of enacting it or some kind of 'rental protections' http://www.seattletimes.com/business/real-estate/facing-rental-crisis-seattle-creates-a-renters-commission-to-explore-new-laws/

We saw a deeply embarrassing way of crisis handling recently in Texas.

The current "crisis" has the same look and feel.

The health crisis would probably worsen and the economy would be hit harder.  

Texas is a good state to invest in not because of lack of state tax, but because it has net immigration, diversification of its economy away from oil & gas, property price recovery from the 1980s S&L crisis (mostly DFW and Houston), relocation of corporate headquarters to Texas, and low overall cost of state government.

Real estate is inherently a long-term, illiquid investment, and while our eREIT programs strive to provide early liquidity to investors who need it, we may suspend or limit these programs in certain scenarios, such as during a financial crisis."2.

The Association has owned it for a number of years after foreclosing on it during the global financial crisis for unpaid dues and fees. 

When I hit 30 coliving doors was where I really needed to craft systems big time - I use those same systems now for over 200 doors.On a slightly different note but something I am incredibly excited about: HUD just came out with a recommendation as well saying that they believe CoLiving could solve the affordable housing crisis in US AND that they will now allow HCV (housing choice vouchers) to be used for CoLiving.