The real answer is because in America rich people buy houses, and then create HOAs in the housing deeds and contracts to force all future owners to maintain the house in a way that will increase the neighborhood property value forever.
HOAs exclusively fight to make houses more and more “valuable” since housing is a financial investment here
Correct, The value is arbitrarily tied to what the older (richer) generation wants. What they were raised on, and what they want is uniformity. They want a white picket fence, no visual obstructions on the premises, no cars visible, no individuality, and no sign that anybody in the neighborhood is insubordinate to the will of the HOA’s board.
HOAs in my experience are universally hated by younger generations, but they can’t afford houses or change anything.
Probably against HOA rules in many places.
Ok, but why?
The real answer is because in America rich people buy houses, and then create HOAs in the housing deeds and contracts to force all future owners to maintain the house in a way that will increase the neighborhood property value forever.
HOAs exclusively fight to make houses more and more “valuable” since housing is a financial investment here
Thank you. So not having a proper garden increases the value?
Correct, The value is arbitrarily tied to what the older (richer) generation wants. What they were raised on, and what they want is uniformity. They want a white picket fence, no visual obstructions on the premises, no cars visible, no individuality, and no sign that anybody in the neighborhood is insubordinate to the will of the HOA’s board.
HOAs in my experience are universally hated by younger generations, but they can’t afford houses or change anything.
Ismt that the universal question with moet things americans do these days? ;-)