HOA, condo & co-op Golf community updates (June 2019)

golf course view of back yards

By Deborah Goonan, Independent American Communities As this month’s update proves, some people are willing to pay extra to maintain a golf course, but most homeowners are unwilling. Even in sunny Florida. Owner of run down golf course hit with hefty fines The new owner of Stoneybrook West Golf Course, Winter Garden, FL, stopped maintaining the property 5 months ago. Miguel Vidal tried to convince the HOA’s members to kick in $50 per month for Continue ReadingHOA, condo & co-op Golf community updates (June 2019)

Housing affordability crisis made worse by oversupply of expensive condo HOA homes

By Deborah Goonan, Independent American Communities Can we make housing more affordable in U.S. cities simply by building more homes? Home builder lobbies and research think tanks, such as Urban Land Institute, say, yes. The only way to make housing more affordable, is to increase supply. But opponents of new development argue that decades of development planning has only created more density, less livable cities, and housing that’s more expensive than ever. Who’s right? Who’s Continue ReadingHousing affordability crisis made worse by oversupply of expensive condo HOA homes

HOA industry makes its case for affordable “attainable” housing

Townhouse row home brick

New ULI report offers insight into the HOA-industry’s agenda By Deborah Goonan, Independent American Communities By now, everyone in the U.S. knows about our housing affordability crisis. The problem extends beyond our cities’ disgraceful problems with homelessness. As home prices continue to rise in most U.S. housing markets, middle class American households are stretching their budgets to the limit. In some of the hottest real estate markets, consumers continue to pay rent, often because they Continue ReadingHOA industry makes its case for affordable “attainable” housing

HOA, condo & co-op golf course community updates (May 2019)

By Deborah Goonan, Independent American Communities Former developers once filed restrictive covenants limiting future use of their land to a golf course.  At the time, municipal and county leaders made the error of allowing this to happen. No one stopped to consider what would happen in the future, when the business model no longer works. Decades later, thousands of golf courses across the U.S. have faced bankruptcy. Owners closed up shop and stopped maintaining the Continue ReadingHOA, condo & co-op golf course community updates (May 2019)