Reply to Potomac Yard (Alexandria) HOA

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The next time someone asks why we will not ever live in any HOA, I will tell this story.

I grew up in a locality that generally did not allow HOAs. We did have some entirely voluntary neighborhood associations. They had no power to levy fees. They were not responsible for storm water ponds or such like. They were not allowed to plow or maintain roads. Guess what, almost all people behave well even without an HOA -- simply because their house is their biggest investment and most people are decent. Also, in that locality, developers were required to create/install neighborhood parks that then were deeded to the local government as a public park. There was a robust Parks & Rec Dept that maintained their parks, operated low cost Rec Centers, and a robust set of sports teams. Property taxes were lower than in NoVA, so this was not more expensive to homeowners. [/quote]

I'll also never live in HOA. We live in Del Ray, nearly across from the PY townhomes. No HOA. Neighbors are great. People take pretty good care of their property. I could not care less what color someone paints their door, but it's not like there are broken down vehicles in the yard. Their yards are not perfect, but tidy and fine. We shovel ourselves (it's not like it snows a lot here), and often neighbors shovel for others while they're at it.

I can't imagine the additional HOA drama that would have unfolded had the arena actually gone through.

It appears that properties in HOA-governed communities tend to have a lower return on investment compared to homes located outside the boundaries of HOAs.

https://independentamericancommunities.com/2019/06/18/new-research-busts-myth-that-hoas-protect-property-values/

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