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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Being able to opt out of an hoa defeats the purpose of an hoa. When you’re selling your house, you’re not just selling your personal lot, you’re also selling your location and the state of your neighborhood. (All that factors into the price of the house. You know what I mean.)
I don’t live in an hoa, and I prefer it that way, because my house is a place to live for me and not (quite as much) a financial investment. Some people prefer to live in a neighborhood where if their neighbor doesn’t mow their lawn, or wants to paint their house a tacky color, or does something that may make a future buyer reconsider buying, they can do something to stop them.
If only half the neighborhood is under an hoa, then the hoa isn’t effective.
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