The HOA war against tenants

Long-term tenants sometimes viewed as pariahs in association-governed communities By Deborah Goonan, Independent American Communities   If you think that association-governed communities only affect the rights of their member homeowners, think again. In HOA-ville, tenant rights are compromised, too. Tenants who lease condo or HOA homes for 6 months or more are often treated like second-class citizens. Sometimes homeowners — especially owner-occupants — openly resent their presence in the community. . For example, consider this Continue ReadingThe HOA war against tenants

Real estate trends across the U.S. disrupting HOA, condo market

By Deborah Goonan, Independent American Communities   Today I share several articles from across the country, all of which provide a Big Picture view of disruptions to the HOA industry. For starters, the rental market is quite robust, because many consumers are choosing to rent rather than buy. Some housing markets have become so unaffordable that a home purchase is out of the question, even for middle class homebuyers. But even consumers who can afford Continue ReadingReal estate trends across the U.S. disrupting HOA, condo market

No guarantee of private property rights for condo owners

By Deborah Goonan, Independent American Communities   Thinking of buying a condo? Before you make a financial commitment, here are three important considerations. 1. Think about how you plan to use the condo. People buy condos for different reasons, with vastly different expectations. Which category best describes your reasons for considering a condo purchase? Buying a condo as a place to live. A first-time home buyer or single adult might purchase a condo because its Continue ReadingNo guarantee of private property rights for condo owners

Airbnb, homesharing controversy growing in HOAs, condo buildings

By Deborah Goonan, Independent American Communities The right to lease one’s home is a hotly debated property rights issue across the U.S. Some homeowners see short-term rentals as a money-making opportunity. Others see them as a security risk and a nuisance. Major cities that are popular business and vacation destinations are enacting ordinances that mandate collection of hotel-style taxes from tenants that rent rooms or even entire homes for less than 30 nights. Some municipalities Continue ReadingAirbnb, homesharing controversy growing in HOAs, condo buildings