The Coloradoan - www.coloradoan.com - Ft. Collins, CO.
Here is a proposal in Ft. Collins, CO, to convert neighborhoods to HOAs, just as economist Robert Nelson has been proposing for years. Thanks to Fred Pilot for the link.
City Council member Wade Troxell wants the city to take a fresh look at code enforcement and has asked staff to study the concept of neighborhood-created homeowners associations. Neighborhoods could be as small as a city block, and people living in an area where a HOA is passed could be forced to join, even against their will, and possibly be asked to pay association fees.
2 comments:
Based on the comments on the article at the newspaper's Web site, this idea looks like a nonstarter. It's transparent that the issue is municipal code enforcement is being neglected and the councilman is attempting to paper it over with this misguided proposal.
One response to the article really says what needs to be said and I quote verbatim:
"If HOAa are so wonderful, why do real estate ads scream NO HOA when advertising a non HOA home for sale? Do you ever see a real estate ad even mentioning that the home is in an HOA?"
I'll add to that that this guy needs to Google for "No HOA" homes and see the increasing number of hits this brings, even in a down housing market.
I suspect that there is more to the current housing downturn that just the mortgage banker issues. Home buyers across the country are being systematically denied the choice not to live in an HOA by politicians such as this guy who seek to use government to cram HOAs down homeowners and homebuyer's throats. It is already bad enough in Colorado with its infamous CCIOA statute.
It is time for local government to discontinue this practice of social engineering people's homes by demanding that HOAs be set up for all new developments and now by trying to inflict the HOA scourge on innocent homeowners who have deliberately made the choice NOT to live under an HOA regime. I can only hope that those affected by this proposal fight it tooth and nail. This is an insidious new form of eminent domain abuse which needs to be fought.
Post a Comment