• @[email protected]
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    39 months ago

    There’s actually a #3 that has become common in the last ~20 years: provide the developer with a continuing revenue stream via HOA fees.

    • @[email protected]
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      19 months ago

      Local governments encouraging them in order to shirk their responsibilities (e.g. they don’t have to maintain the street if it’s private), as @HubertManne mentioned, is also recently a thing.

      Still, those reasons are both very new, and thus don’t apply to the vast majority of HOAs.