Shauna Thomas: The misunderstood HOA (MT)

/ Owner - March 7, 2023

The tragedy of the commons is an economics problem where every individual has an incentive to consume a resource, but at the expense of every other individual – with no way to exclude anyone from consuming. For example, consider when property owners within a neighborhood open a business, such as vacation rental. While the absent owner pays no price, the neighbors sacrifice personal safety and loss of peaceful enjoyment of their property.   Read the article………………………..

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