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Get ready for higher HOA fees if Prop 206. passes (AZ)

/ Owner - January 9, 2017

A vote for Proposition 206 is a vote to increase your Home Owner’s Association (HOA) dues by five to 10 percent. Service providers that work with HOAs—such as landscapers, contractors, and other tradesmen—will see their labor costs increase almost 50 percent under the proposed minimum wage requirement of $12 by 2020. The only way service providers can absorb this added cost is by passing it on to their customers—HOAs. In turn, HOAs will pass it on to homeowners, resulting in increased HOA dues or fees.  Read the article………….

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