“No good for homeowner values.”
If your only reason to buy a house is for the investment value and not to create a home, then you have a point.
We purchased our property to make a home and would be fine with the value going down. That hasn’t happened in all the 40+ years we have been here, but I’d be happy if it did. Increasing value mean increased taxes. Yep. My taxes have increased every dang year.
Our acreage was purchased for a place to raise our children where they could be free to play ball outside, roam the woods, build a wood-fort, and have fun. . All without any interfering neighbors or power-hungry HOA board members who tell me how many vehicles I can own, where to park them, and what color I can paint my shutters.
When we were younger we had outside BBQs with all our friends and no one complained. My husband has several projects outside in various stages of completion, and no one complains.
Heck, before the children came along, we could take a blanket outside at night and make out in the moonlight and no one was around to see or care. (So THAT’s where those kids came from!).
There is no way I would try to establish a home in an HOA. THAT isn’t allowed.
But, if you buy a house with the plan to sell it in 5 years to make a profit, buying in a subdivision with an HOA is probably a good business plan.
We purchased our property to make a home and would be fine with the value going down. That hasn’t happened in all the 40+ years we have been here, but I’d be happy if it did. Increasing value mean increased taxes. Yep. My taxes have increased every dang year.
Our acreage was purchased for a place to raise our children where they could be free to play ball outside, roam the woods, build a wood-fort, and have fun. . All without any interfering neighbors or power-hungry HOA board members who tell me how many vehicles I can own, where to park them, and what color I can paint my shutters.
When we were younger we had outside BBQs with all our friends and no one complained. My husband has several projects outside in various stages of completion, and no one complains.
Heck, before the children came along, we could take a blanket outside at night and make out in the moonlight and no one was around to see or care. (So THAT’s where those kids came from!).
There is no way I would try to establish a home in an HOA. THAT isn’t allowed.
AMEN. This is life. Back when the busybodies did not rule the world. Your kids could ride in the back of the pick up truck, and every pool had a diving board.