In article >,
brooklyn1 > wrote:

> >I would never, NEVER purchase a house that was part of an HOA.
> >Neither would many people.
> >
> >IMHO that lowers property values.
>
> Absolutely... HOA resales are difficult to sell without taking a huge
> loss because they're very over priced bare bones units when new that
> require the original owners to put in a lot of upgrades at very
> inflated prices. HOAs are no different from glorified trailer
> park/trash living. There's really little difference between HOA and
> KOA rules except that at least with KOA you can pull up stakes and
> vamoose at any time. Some folks need to live with lots of imposed
> rules/regulations, they are incapable of thinking/doing for
> themselves, I found HOA living very much like the military...
> institutionalized, with everyone constantly inspecting/spying on each
> other, ratting each other out, and 24/7 rumor mongering about each
> other, and for the most ridiculous infractions; wouldn't be an hour
> after sun up before 600 families all know that the Greens didn't close
> their garage door last night (that's right, many HOAs don't permit
> garage doors to remain open at night, some don't permit any vehicles
> in the driveway over night, some don't allow homes to be built with
> the garage door facing the street, adds a lot of unnessesary cost to
> construction). HOAs also are occupied by more transients, they have a
> much higher rate of turnover and foreclosures than regular homes, HOAs
> are more like apartment living. HOAs are occupied by a bunch of
> impotent ******s who need a forced savings plan for forced
> maintenence... and with much of the monies skimmed, and used to
> contract someones BIL who happens to be in the landscaping business,
> someones FIL who just happens to own a road maintenence business,
> someones SIL who has a pool service, etc., all at inflated prices.
> When one joins an HOA they are giving the board of directors free rein
> to manage their money however they see fit and with little to no
> detailed accounting. No thank-Q, I'm a big boy now, I don't need
> mommy and daddy telling me how to live, I'll spend my money and live
> my life how I see fit. And we already have too much government, I
> don't want to live with an extra layer of politico.

Excellent summation Sheldon!
You put it far more eloquently than I could have. :-)
--
Peace! Om

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