Independent thinking for complex markets and current events
A Florida lawmaker is pushing to eliminate homeowners associations in the state after calling them a ‘failed experiment’. HOAs have been stirring up controversy in Florida, where residents are becoming frustrated with steep fees, strict rules and rigorous enforcement. As tensions continue to rise, State Rep. Juan Carlos Porras (R-Miami) is fighting to abolish HOAs …
California just pulled the rug out from under HOAs. What used to be $500 fines a day for something like the wrong door now tops out at $100. Late fees and interest? Dead. Homeowners got a power shot with new rights to dispute violations and block punishments if they fix the problem. This isn’t a …
84% of newly built and sold homes as of 2022 were all part of an HOA or Homeowners Association. This is a worrying trend because a lot of homebuyers don’t want to be a part of an HOA and many people who live in one now want to escape it. But these communities are ruining …
