why are HOAs becoming more popular as time goes on?
In: Other
Lot of answers coming from people with no/poor experience with HOAs, here’s my take as someone who lived under a very well managed one.
HOAs give residents local control over a lot of elements of landscaping, maintenance, general “vibes” of the neighborhood.
If you bought a very nice house, in a very nice neighborhood, you generally want it to maintain the same overall style, level of quality, etc, over the years you live there.
HOAs can stop your neighbor from letting their house fall into disrepair, make sure lawns are properly mowed, no one leaves a broken down car in the street, no one does something *really stupid* (literally had a neighbor try to use a rusted out burn barrel in their back yard, the HOA was there in under 20 minutes to make them put it out), and that generally the neighborhood you moved into doesn’t detract from the potential appreciation of your home.
A small percentage are poorly run, get “little tin gods” on the HOA council, etc, but something like a third of all single-family homes in the U.S. are in HOAs, with most being quietly, professionally, and competently managed.
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