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But inevitably, it has slightly higher costs than mainstream housing.
Social and private developers should also think inventively about how to integrate cohousing into mainstream housing developments.
Green design has entered the mainstream housing market, with most developers leaning towards contemporary architecture and utilising hi-tech factory production.
What's more, those who live in retirement housing tended to report feeling much less lonely than their peers in mainstream housing.
Instead of serving only people in nursing homes, the fund will also help elderly people living in mainstream housing, like apartment buildings and individual homes.
Elsewhere, slums might sit on the slopes of an active volcano, bestride an earthquake fault or in the flood-prone basin of a former lake – all sites eschewed by mainstream housing developers.
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Shore Capital analyst Robin Hardy said: "It is clear that Berkeley is repositioning for a very different business profile, buying sites for flats in outer London boroughs and increasingly it would appear more sites for mainstream family housing with sites such as Ascot or Winchester.
Tao Lin publishing with mainstream houses?
The mainstream house music and party atmosphere are electrifying.
They are issued by the mainstream house Orion, and they have sold well.
However, Read's 16th and latest novel, The Misogynist, is published this month by the mainstream house Bloomsbury.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com