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Is it though? HOAs are close to becoming the same company as your employer? It's not about companies owning and renting out/selling property, it's about direct
by Novosell 3y ago
Is it though? HOAs are close to becoming the same company as your employer?
It's not about companies owning and renting out/selling property, it's about directly tying your housing to a specific employer.
- gjsman-1000 3y agoIf you are a tech worker in America who is in the progress of immigrating from India, is in America on a work visa, and can only afford rent in San Francisco from your tech salary; the only difference is formality. But if there was a formal recognition that the housing is employer-provided, there might be a greater incentive to uphold standards than letting the employee live under a bridge.
- Ekaros 3y agoProblem really isn't during the employment. It comes after it ends. If you tie your housing to being employed, it can mean that you will get kicked out if you quit. And this could happen in multitude of ways. People in USA already worry about losing their health care, but what about also losing your home?
- gjsman-1000 3y agoNot a greater concern than the possibility of losing your rented apartment from eviction; or losing your home over unpaid HOA assessments. As long as the mindset is right that this is free rent, it might not be worse than many apartments in the area that can only be afforded through that job anyway.
- Novosell 3y agoBut it isn't just free rent. You have to move when you get fired. You can't just start paying rent and stay.
- gjsman-1000 3y agoIf you have a family, it’s terrible. If you’re single and your alternative is a SF “pod” special, I’d accept a company town tomorrow.