Community associations in Virginia are experiencing a collections blip | Richmond Times-Dispatch: "As the recession widens and more people lose their jobs, some condo and homeowner associations are having trouble collecting fees to pay for upkeep of walking trails, pools and landscaping.
More than half of the 10,000 community associations in Virginia, regardless of location, are experiencing a collections blip, real estate experts and community managers say."
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A blip? I think the economic situation has moved the needle well above blip status.
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