Worse.
Most newer housing developments have homeowners associations, also called HOA, which I tend to pronounce as a word, because I feel like I'm being screwed every time the subject comes up. Apparently the feeling is that freedom to maintain one's house as one wishes is too much freedom.
Little power-whores (for who else would volunteer for such a job?) go around inspecting front yards to make sure everyone is keeping the grass cut. Any kind of change to your house, from planting shrubbery to changing the color of the trim, must first get HOA approval. To add insult to injury, the HOA demands an annual fee, which goes up annually. When one person is paying every month for a house and another person is making all the major decisions about it, who is really the owner? (rhetorical question)
I "own" a house that I had to submit to a HOA in order to buy. The only reason I bought it is because I apparently love my beloved spouse more than my liberty.I keep shopping around, but it is becoming impossible to find affordable housing that I can both pay for and own.
It's a prime example of where this society is going, where people don't want to take responsibility for themselves, and don't trust others to be responsible, either.
I'm not a big fan of HOA's either for some the exact reasons already stated, although I think those that are less restraining can be good simply for property value reasons.
Hey, I think there's a correlation here. Less restraining governments, organizations, and the like prosper.
I don't understand. They set the home prices?Just curious.. I live in a similar type of system here but they call it "Strata style".. We have a board that gets elected yearly..
Our regional government has put very strict laws on these "Strata Boards" so that people do not take advantage of others not in control.
While I see the disadvantage to them I also see the advantage in our area where housing would not be affordable to new owners trying to get into the market..
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