Edit just to clear up: I don’t have a positive or negative opinion on HOAs. I know next to nothing about them. They’ve just been mentioned to me a few times by family members recently and I asked about aspect I didn’t understand
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The reason is that the HOA owns part of the house (not a specific physical part but like 10% of it) and they didn’t choose to sell.
When you buy the house you only buy 90% and you can’t sell what you don’t own (that extra 10%).
The 90% passes from person to person but that 10% remains in the hands of the HOA.
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