
It's an HOA world; you're just living in it
Explain It to Me
The Choice Issue With HOAs and Condo Associations
70 to 80% of new housing in most rapidly growing parts of the country is in HOAs and condo associations. Evan: Most people don't understand what HOAs are about or how they work. "It's their association, it's run by the owners," he says. Some local governments mandate that all new housing has to be in HOA contracts.
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