You said:Our HOA which runs three restaurants and other club facilities here in AZ has cut hours and reduced employment as a result of the new minimum wage law. That and Obama care have cost a lot jobs.
Do HOA member dues subsidize the restaurants?
Yes. Right now we are making a small profit but it comes and goes. We have excellent management. Lots of former business people on the board.
The golf course has similar problems and they nearly break even.