Slight correction, they were unenforceable after '48, but only illegal after the Fair Housing Act in '68. So they did continue to be used. |
They have not been enforceable for 76 years. WW2 was 80 years ago. Someone that was prevented from buying a house due to covenants would have to be at least 98 years old. There is almost no one alive today that has experienced this problem in the US. Stop making this discussion about something it is not. The reality is that your policy will have the opposite impact and worsen racial disparities for homeownership . Most of these units will be rentals because HOAs are not economically efficient for quadplex and triplex units. When a SFH (in a relatively affordable neighborhood) home is replaced with a quadplex, it eliminates ownership opportunities for POC and pushes people towards renting. Even when these units are owner occupied, townhomes and condos appreciate at a much slower rate than SF houses. This policy will increase the gap in homeownership rates and also increase the disparity in home appreciation rates by pushing middle class POC into housing types with less appreciation potential. |
Are we talking about generational wealth, or are we not talking about generational wealth? I don't know about you, but 1968 was in my lifetime. There are plenty of people who themselves were alive and in the US in 1968, or had parents or grandparents who were. |
Why do you think you need an HOA for townhomes? |
It sounds like you agree that townhomes and other higher-density homes are a good way to create more affordable housing. |
lol…YIMBY deep thoughts. |
| No seriously- what areas would be exempt from this? Incorporated cities? HOAs? A previous poster mentioned living in an area that is unaffected by this proposal. I am the poster that was wondering about our spacious lots in Potomac. I know how much you guys all hate that we worked hard and made a conscious choice to live in an area like this, but I would like to keep it this way to preserve our property values and our investment. Like I said, many of our community resources like public schools are already stretched thin. How do we ensure that we would be unaffected by these changes? It’s really important to retain the beautiful character of this area for everyone to enjoy when they come out to visit wine country, and farming areas and things like that. |
No one wants to build townhomes in the *vast* majority of Potomac, so it doesn't even matter. |
That will soon change. We can’t have half of MoCo be owned by private multi-acre estates and expect housing affordability to improve. The needs of the many outweigh the preferences of the relatively fewer wealthy Potomac landowners. |
They already have HOAs and covenants, so it doesn’t matter what you want. Those areas will stay that way. Unless you change constitutional precedents for contract law and property rights there is nothing you can do. |
There are shared walls, common areas, shared roads. There has to be a legal structure to fund shared liabilities. Anyone who has the slightest bit of knowledge about real estate development or legal considerations involved with townhouses would know this is a completely absurd question. 99%+ of new townhome communities have HOAs or maintenance agreements attached to the property deeds. Most localities will not even issue building permits for a development until you can prove that shared maintenance liabilities are covered by the HOA or property agreements. |
I agree that is an excellent way to prevent POC from establishing generational wealth and push them to be permanent renters. It’s great for Hedge funds, but it does not benefit hardworking middle class families trying to build a better future for their children. |
You don't think people buy townhomes? Weird. |
HOAs are a way to push common services away from municipalities. So yes, they're very common, regardless of whether you're talking about townhomes or SFHs. But lots of townhomes with HOAs are still the responsibility of the homeowner to maintain. Did you really not know that? |
Don't give me this BS, Do you really think people buying affordable townhome units will be able to afford an unexpected bill for 20k in repairs. Most of these residents will not be able to do that and without a neighbors will be suing each other to pay for shared expenses. You are completely unserious and are trying to destroy middle class households with poorly designed housing policies. |