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Real Estate
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[quote=Anonymous]I lived in a middling townhome neighborhood in the DMV for a long time. It started out great, but declined over time. It wasn't any one thing it was a collection of things. A HOA that got increasingly overzealous in its inspections with narrow time windows (you have two weeks to $10K in repairs, etc.). A sharp increase in sellers turning the place into a rental without considering some basics. Such as: who does the yardwork? We had one renter with dogs who wouldn't pick up the dog poop in the backyard for a year until forced. Neighborhood kids running around in packs after school doing destructive things toward owners' homes, property and cars. My advice: when your neighborhood hits 50% rentals, it is time to move if you can. It will go downhill fast. [/quote]
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