tag:blogger.com,1999:blog-5060417.post2652795238787190190..comments2023-11-05T06:18:25.377-06:00Comments on The Privatopia Papers: Home ownership hits lowest level since 1965Evan McKenziehttp://www.blogger.com/profile/04479661304143631524noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5060417.post-84956239902500094342011-08-06T03:01:02.678-05:002011-08-06T03:01:02.678-05:00Ah, but membership count remains the same even tho...Ah, but membership count remains the same even though the identity of the members change. You can't get rid of HOA property until you find someone else to take your place. The banks will be members wherever a homeowner was foreclosed by the lender.<br /><br />There certainly will be fewer "natural persons" owning HOA-burdened property. They learned that "HOAs preserve property values" is nothing but a big fat lie and in any event the "tradeoff" is not worth what (if any) little benefit the HOA might bring. The word is out, HOA-burdened property is a bad investment and should be avoided where possible.Anonymousnoreply@blogger.com