Comment by polski-g
3 hours ago
I prefer to spend $1.25mil on a house that won't drop in value because my neighbor is not allowed to put up demon statues and paint the house pink, etc.
3 hours ago
I prefer to spend $1.25mil on a house that won't drop in value because my neighbor is not allowed to put up demon statues and paint the house pink, etc.
Instead you chose a house that has significantly less value because of home buyer's preference for houses with a HOA and reduction in mortgage payment they can afford because of the fees.
What's the problem? He gets the house at (what you think is) a lower price than could otherwise be had, and he gets to enjoy living even more
Opposition to HOA's appears to be growing, increasing the discount over time.