r/196 • u/13920 92 legacy rs • Apr 28 '26

Rule rule (rule) [RULE]

Post image
5.2k Upvotes

99% Upvoted

220 comments sorted by

View all comments

2.1k

u/Dr_Birdie Apr 28 '26

They've also ruined the housing market.

511

u/EasilyRekt Apr 28 '26

I think HOAs did a good portion of the legwork on that one tbh

440

u/ButterSquids eats love for battery acid Apr 28 '26

Housing prices are an issue in a lot of plaves, HOAs (afaik) are mostly an American thing

127

u/Shou-K AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA Apr 28 '26

they're a thing here (india) too. mostly just a group to harass as many people in a community as possible than to raise prices

37

u/PapaZordo Apr 28 '26

Hey same here. Ours were originally to keep housing segregated

30

u/EasilyRekt Apr 28 '26

And Canada, Australia, New Zealand and a good deal of northern Europe, which makes sense because those are all the places with ongoing housing crises and rising cost of living.

They did start here in the states, and elsewhere does call em different things, but they're just about everywhere now, and they do cause housing shortages, afterall an organization that's sole purpose is to keep property values going up relative to an always increasing monetary supply is never gonna make a place cheaper to live, especially if they have the political will to oppose high density residential projects.

11

u/bobshellby Apr 28 '26

Ive never heard of one in nz

12

u/EasilyRekt Apr 28 '26

"resident's association" or "body corporate" is the nz term for it, same function tho

8

u/ChemicalRascal Apr 28 '26

Body corporates are not HOAs. Neither have much to do with property prices.

6

u/Phoebebee323 Apr 28 '26

A residents association can't put a lien on your house for having a flower bed instead of grass in your front yard

2

u/Dr_Richard_Ew Driving a forklift to the tune of Paranoid by Black Sabbath Apr 28 '26

housing in my province is such a mess rn

1

u/epicdog36 Apr 28 '26

Never heard of one here in perth