Not in the US. In germany, every HOA has something called "Instandhaltungsrücklage", basically a fund earmarked for repairs and maintenance that gets filled by

Not in the US. In germany, every HOA has something called "Instandhaltungsrücklage", basically a fund earmarked for repairs and maintenance that gets filled by monthly payments separate from the the rest of the fees. The exact payment depends on the age of the building and gets adjusted over time. I pay 1EUR/month/sqm into such a fund. Over 40 years, that would cover at least half of the sum you mentioned. In this case, costs nearly doubled because required maintenance work was pushed off, so that would have worked out just fine.