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Travis Jordan wrote:
> azotic wrote:
>
>>The topic of debate is wether or not a HOA has the ability to protect
>>home values as touted by the HOA INDUSTRY.
>
>
> Well, then let's see the appreciation / depreciation numbers for both
> community-managed properties and those which are not. Anecdotes one way
> or the other do not answer the question with any credibility.
>
>
The property value is dictated strictly by supply and demand equation!
If the market is sealers market, the prices are going up regardless what
shit (fixer upper) you are selling. In contrast, if the market is
buyers' market the prices go down and first one to suffer are overpriced
HOA houses. Right now cross the street from me 1M+ houses are
non-sellable. The buyers who just got in last year are about 200K in red.
The HOA has nothing to do with it.
However, during the upswing market the industry is bullish, spends lot
of money on marketing and false claims about the HOA living, which seems
to falsely suggest that the HOA housing is somewhat more stable investment.
It is only believe and the HOA religion perpetuated by the HOA Bolsheviks.
-Sub
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