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Cheat Sheet: Why HOAs exist, and the role of the board

/ Owner - November 5, 2022

According to The Banks™, the US has two categories of housing: (1) owner occupied, Mom, Dad and the kids in the house they own, and (2) rental, roughing it with the poors in overcrowded tenements.  This view is a gross oversimplification—obviously—I grew up in suburbia but now live in a big city, where plenty of wealthy people rationally prefer to let someone else worry about the water heater in their high-end rental housing. And, ask any college student, member of the military, or priest: there’s a lot beyond the typical “house vs. apartment”.    Read the article………………………..

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