| Topic List | Page List: 1 |
|---|---|
| Topic | Last Week Tonight- HOAs. Warning: Hot Take ITT. |
| IdiotMachine 04/10/23 7:07:56 PM #1: | https://youtu.be/qrizmAo17Os Summary- John Oliver talks about how HOAs provide local service within your development (e.g., parks, swimming pools, landscaping), but can also have a ton of power. With that power, some HOAs fine you for violations (e.g., house looks non-uniform, garbage visible), and if you dont pay the fines, can evict you and foreclose on you based on the unpaid fines+lawyer fees. Government also stays out of this cant really help you since HOAs a private entity that you agreed to join. In the end, he states that over 80% of new developments are in an HOA, so its hard for you to get a new house. Hot Take- Homeowners literally bought into an HOA. Its your own fault for not following the rules, letting fines build up, not voicing your oppositions at HOA meetings, etc. Buying a home isnt an accident; it takes a significant amount of effort. This is your own fault if you get suckered into a shitty HOA. Background: I personally own two houses and both are not in HOAs. Based on my experience of buying four houses in my lifetime, it wasnt that difficult to find homes without HOAs. --- https://i.imgur.com/XNEdLrJ.png ... Copied to Clipboard! |
| Topic List | Page List: 1 |