HOA’s are of the devil. Encounter one and your faith in mankind will be sorely tested.
+1
Having lived in an HOA community for over 22 years I can tell you they are a double edged sword.
They’re great for sustaining property values. However, one or 2 power drunk dochebag board members certainly can make it a living hell.
The trick is to get the right people on the board.
I generally agree.
BUT, in this case, history says these 30-year-old buildings call for these changes.
Choose your poison. Die in a building collapse or pay up.
Buy anywhere near people and your faith in humanity will be challenged. People suck!
Well, it’s not really an HOA as you are thinking of it in a high-rise. Obviously, someone has to be in charge of running the building. Even if you are hiring a management company for day-to-day operations, a governing body has to raise and allocate money for building maintenance.
I’m in several HOAs for many years... zero issues.