Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

Water leaks in condo garage leads to $70, 000 special assessment for every condo unit owner (m.youtube.com)

submitted 3 months ago by SeattleRain to c/housing_bubble_2

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[–] SeattleRain 4 points 3 months ago* (last edited 3 months ago) (2 children)

The difference is is that if you're not responsible for screw ups that were caused by the HOA anywhere near the degree you are in a condo.

[–] maryjayjay 4 points 3 months ago* (last edited 3 months ago)

If you bought a property in an hoa, YOU are the hoa. Why do so many people have a hard time with that? YOU are the hoa and the hoa elects a board to represent you. If you aren't voting and aren't participating, YOU are the problem

[–] surewhynotlem -3 points 3 months ago

May I please introduce you to children and spouses? You can still be liable for some other idiot's screw up.