this post was submitted on 04 Oct 2024
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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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I've had people on this very community argue with me that purchasing a condo was exactly the same as owning a house, and it was a great alternative...
This was literally my counter-argument. Not glad that it happened to these people, but glad to see my viewpoint vindicated so quickly.
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.
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