Tuesday, March 27, 2007

Growth of Homeowner Associations

Question: How many Americans live in homeowner associations or condominium associations?
A. 2.1 million
B. 9.6 million
C. 29.6 million
D. 57 million

The correct answer is 57 million Americans (1 in 5 Americans) live in HOAs or COAs. If you answered 2.1 million you were correct in 1970. Since then the growth has exploded.

What is causing the HOA growth? What are the implications of HOAs for local government? There are a number of other related policy questions...who will retain the responsibility for maintenance or upkeep? Is there a perception of double taxation to HOA residents?

If you are interested in this issue please attend the ULCT forum: Homeowner Associations: the Good, the Bad, and the Unknown
Date: Thursday, March 29th
Time: 2:30 to 4:00 pm
Place: South Jordan City Hall, Council Chamber -- 1600 W. Town Center Drive (10600 South)

Panelists: John Janson (West Valley City Community & Economic Development and President Utah APA Chapter), Chip Dawson (South Jordan City Neighborhood Services Coordinator), and Neil Abercrombie (ULCT policy analyst)

Email me if you have questions.

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