Survival

Escaping the HOA Hole

Suburban America is sinking into the Homeowner’s Association (HOA) Hole. About 24% of the nation’s population (about 63 million people) now live under the rigid strictures of HOAs.  According to some fairly recent statistics from PropertyManagement.com, there are: 40 Million households living in HOAs 351,000+ HOAs in the United States 8,000 new HOAs formed every year in the U.S. 24%+ of U.S. population is living in HOAs HOAs usually have lengthy sets of rules and bylaws that are subject to the interpretation of either elected or un-elected HOA boards. These rules are generally called Covenants, Conditions & Restrictions (CC&Rs). Some …

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