|Re: HOA Fees||<– Date –> <– Thread –>|
|From: Fred-List manager (fholsoncohousing.org)|
|Date: Sat, 8 Dec 2018 06:59:47 -0800 (PST)|
Alan O'Hashi <adoecos [at] yahoo.com> is the author of the message below. It was posted by Fred, the Cohousing-L list manager <fholson [at] cohousing.org> after deleting quoted digest. Digest subscribers, please delete most of quoted digest and restore subject line when replying. NOTE: Digest subscribers can make replying easier by using "auto folders" particularly Gmail and Outlook users. See http://justcomm.org/jc-faq.htm#Q6.5 -------------------- FORWARDED MESSAGE FOLLOWS -------------------- Susan - I agree with the others, there are lots of variables that determine the HOA dues and any comparison of dollar amounts will be misleading. I thing the biggest issue that communities push back against is to what extent the reserve account is funded. I don't have a problem with reserves and look at them as the equivalent of a Health Savings Account (HSA) except to keep everyone's homes healthy. It is a way to set money aside to pay for improvements to the community and ultimately to the value of the house. It's not an expense, it's an investment. I think the skirmishes around HOA dues is more of a cultural one. Where the community culture comes into play is what we experience at my place. There are market-rate homes in excess of 2000 sq ft which appreciate as the economy determines - in Boulder, that's huge. In the mix are 800 sq ft permanently affordable homes that appreciate in very small increments, over time. As you might expect, those folks who have a big chunk of their assets tied up in a house, have more of an incentive to protect their asset and keep the community nice and fund the reserves at a higher percentage because they, relatively, have a lot to lose if the roof blows off and there isn't enough to pay for the replacement. As one of the smaller homes owners with limited appreciation, I have less incentive to jack up the reserve fund too high. So the community values discussion should be around, what are members willing to give up for the good of the entire community. The current dues structure favors the large home owners. For example, one of the 2000 sq ft households which is 2.5 times larger pays only $150 more per month than an 800 sq ft household. As a result of the formula, the small units subsidize the large units. It's similar to the regressive income tax argument that there will be a "trickle down" which doesn't happen. Thx Alan O. ******************************************* Alan O'Hashi - ECOS EnviroCultural Organization Systems http://www.alanohashi.com/ecos Colorado 303-910-5782 Wyoming 307-274-1910 Nebraska 402-327-1652
- Re: HOA fees, (continued)
- Re: HOA Fees Fred-List manager, December 8 2018
- Re: HOA fees David Heimann, December 8 2018
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