Homeowners' Associations: Tyranny or Expression of Liberty
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Kenneth R. Gregg - 5/19/2006
As you know, I am quite distrustful of HOAs and regard them as short-term problems (as the people at AHRC.com do) and long-term disasters (as Spencer MacCallum does). The state-chartered HOAs typically mishandle the capitalization of their property and all but prevent multi-generational advances on the individual properties. They have all of the problems of city zoning laws and few advantages in the long run.
Were it a simple matter to secede from HOAs or dissolve them due to failure of concurrent agreement of restrictions, HOAs might take a different route, but then this procedure could be a principle used in other municipalities.
Just a thought.
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