They're doing this because people are clamoring for lower taxes. You still
gotta pay in the end.
Mike N2MS
----- Original Message -----
From: Rik van Riel <riel@surriel.com>
To: rfi@contesting.com
Sent: Fri, 25 Apr 2014 18:07:48 -0000 (UTC)
Subject: Re: [RFI] VDSL (very-high-bit-rate digital subscriber line)
On 04/24/2014 02:14 PM, mstangelo@comcast.net wrote:
> Ed,
>
> A buyer usually knows if the house is a member of a HOA. If one is worried
> about restrictions he/she should not buy the property.
Some cities really love HOAs though, because it allows them to assess
full property tax on the homes, without having to provide the services
that the city would provide to a normal neighborhood (the HOA pays for
road maintenance, trash removal, etc).
It has gotten to the point where some cities only allow new developments
if they are HOAs, which greatly reduces the choice of home in those
cities.
Glad I don't live there, but I can see how people end up in HOAs...
--
All rights reversed.
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