The Fair Housing Act of 1968 made it inconvenient to explicitly deny housing to minorities via redlining. And thus HOAs popped up everywhere to continue the tradition through subtler means.
HOAs are just a tool that developers use to turn buyers into renters into perpetuity. They're a classic take on American Property Law.
I was looking at a house in East Houston that was selling for a fairly modest $250k (in a neighborhood where $300k+ was normal). The only catch was the $600/mo neighborhood association fee. The neighborhood association's entire job was to maintain this skinny little fence that ran around the property of six units, on a strip of land that was still owned by the developer.
Don't know how amerikkka can be all about private property and have HOAs at the same time
The Fair Housing Act of 1968 made it inconvenient to explicitly deny housing to minorities via redlining. And thus HOAs popped up everywhere to continue the tradition through subtler means.
Ahhh yes, racism. Was thinking about this from the wrong angle.
racism and petty power. basically catnip for mayos
Plus homeowners are incentivized to be as militant about maintaining and increasing property values as much as possible
HOAs are just a tool that developers use to turn buyers into renters into perpetuity. They're a classic take on American Property Law.
I was looking at a house in East Houston that was selling for a fairly modest $250k (in a neighborhood where $300k+ was normal). The only catch was the $600/mo neighborhood association fee. The neighborhood association's entire job was to maintain this skinny little fence that ran around the property of six units, on a strip of land that was still owned by the developer.