Tag Archives: Underfunded reserves

Should condominium HOAs come with a “sell-by” date?

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By Deborah Goonan, Independent American Communities A reader contacted me with a suggested topic for IAC. He posed an intriguing, tongue-in-cheek question: what if condominiums came with a “sell-by date?” Today I share my thoughts on why HOAs tend not to plan for the future.   Q: I’ve got a brainstorm for an article!  And it just might be a kernel for a meaningful push for legislation.  What about a legislatively-mandated “condo sell-by date”? Think Continue ReadingShould condominium HOAs come with a “sell-by” date?→

Aspen Housing Authority debates assistance to preserve affordable condo HOAs

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By Deborah Goonan, Independent American Communities   Aspen, Colorado is one of the most expensive real estate markets in the country, a world-class resort town known for skiing, winter sports, and year-round outdoor recreation. Tourism is big business in Aspen, and that requires thousands of workers for hotels, bed and breakfast inns, restaurants, city and recreational facility maintenance workers, as well as teachers, health care workers, and law enforcement officers to serve full time residents Continue ReadingAspen Housing Authority debates assistance to preserve affordable condo HOAs→

Should taxpayers bail out HOAs?

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By Deborah Goonan, Independent American Communities Should a city government help pay for a failing HOA to take care of deferred maintenance and repairs? Here’s a perfect example of why all taxpayers should pay attention to housing policies that strongly favor or mandate that new housing development  must be created as an Association-Governed Residential Community (requiring a mandatory homeowners’ or condo association). For those of you who are still under the assumption that only the Continue ReadingShould taxpayers bail out HOAs?→