4 ms·
Out of all the private gated communities in US with houses >$1M - what percentage of those have HOA's? Point being, the impact on a $200K house may be negligib
by _red 10y ago
Out of all the private gated communities in US with houses >$1M - what percentage of those have HOA's?
Point being, the impact on a $200K house may be negligible if its HOA or not - however once you move into >$1M home values they would be almost exclusively HOA. This is the self-evident part of the argument.
- BeetleB 10y ago>Point being, the impact on a $200K house may be negligible if its HOA or not - however once you move into >$1M home values they would be almost exclusively HOA. This is the self-evident part of the argument. What percentage of HOA's are for >$1M houses? A small minority. In my town, all the >$1M houses on sale right now have no HOA, BTW. It wouldn't surprise me if nationally, HOAs are more correlated at the middle price range. Around 1 M most people don't like being told what to do. At the next level, sure, they probably exist just to pay for fancy country clubs or something.