Yeah, it’s bullshit, but unfortunately, homes in an HOA are contractually obligated to obey the rules. In at least some cases, failure to comply results in fines that, if left unpaid, can result in the loss of the home as the HOA effectively gets to sell it to recoup what they’re owed.
And cities are encouraging them all over the US, so it’s getting increasingly difficult to find a newly built home that isn’t in an HOA. Cities love them because they raise and spend their own funds to maintain things, which means the city doesn’t have to spend tax money to do those things.
I’ve had the ins and outs explained before. It’s absolutely baffling. I don’t even invest somewhere cool like China or Cuba, I’m in America with less embarrassing accents and it’s still mind blowing it’s allowed, especially somewhere that having land and making it yours is so much a part of national mythology as well as the McCarthyist urge against neighborhood
Yeah, it’s bullshit, but unfortunately, homes in an HOA are contractually obligated to obey the rules. In at least some cases, failure to comply results in fines that, if left unpaid, can result in the loss of the home as the HOA effectively gets to sell it to recoup what they’re owed.
And cities are encouraging them all over the US, so it’s getting increasingly difficult to find a newly built home that isn’t in an HOA. Cities love them because they raise and spend their own funds to maintain things, which means the city doesn’t have to spend tax money to do those things.
I’ve had the ins and outs explained before. It’s absolutely baffling. I don’t even invest somewhere cool like China or Cuba, I’m in America with less embarrassing accents and it’s still mind blowing it’s allowed, especially somewhere that having land and making it yours is so much a part of national mythology as well as the McCarthyist urge against neighborhood