why are HOAs becoming more popular as time goes on?
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Fun fact – HOAs we’re initially organized to prevent minorities from moving into an area. I’ll hack a quick summary from what I recall on the subject but I highly encourage you to find your own resources – mine is based on what I recall from reading The Color of Law: A Forgotten History of How Our Government Segregated America by Richard Rothstein.
After WWII the US hads concerns of communism spreading and started to encourage the development of suburbs. Buy a piece of America and own it with your hard earned money – good for government because of federal loans, good for people because they have a stake in the country, harder for communism because when you have a bunch of people who have paid for land/homes it’s harder to get them on board with giving away home/land…. But that’s not the point.
Developers are building the burbs, but there’s some rules. First rule, some developments are white only and not just white; only the “good” whites, no Irish. Also, the home couldn’t be resold to a minority otherwise the developer could bring a lawsuit and take the house back – this was to prevent the home values from reducing. So as a developer is building a neighborhood and selling they care about the home value but once that area is done and they’ve made all their money they didn’t really care and didn’t really waste their time filing claims if a home was sold to a minority. Well this then caused home values to drop in neighborhoods. To prevent this the HOA was formed and given the power to sue the homeowner if a home was sold to a minority.
So there’s a brief history on how HOAs we’re started.
I don’t think people live in HOAs or the suburbs because they don’t value diversification or cultures, I think it’s more about having a bit of room, privacy, security and peace.
Different strokes for different folks.
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