Ultimately, this is a victory for capitalism. To be against the HOA on this matter would be to support something other than capitalism.
Overly dramatic, don't you think HJW?
perhaps. However a fundamental Core of capitalism involves the ability to enforce contractual obligations. without that our entire economic system would collapse parties would not have to make good on loans on purchases you could not trust that you would go down the way it's written.
Sister Pat Farrell, president of the Leadership Conference of Women Religious, said that Catholics should be able to search for answers about faith without fear.
I don't look at it that way at all. I am paying my HOA to maintain basic standards in my neighborhood, which keeps the value of my house up. Property values tend to decline at the expiration of HOA covenants. I'm glad my neighbor can't park his RV in his driveway and put his rusted Pontiac Firebird on cement blocks in the front yard.
I'm with you. I live just outside of town and we have certain development rules, but no HOA. Many times I wished they were followed as people feel they can do as they wish because we have 2 acre lots. For instance, the guy who bought a lot across the street to use as a baseball field, but he doesn't maintain it so the poor neighbors next door constantly live in a giant dirt cloud. Or the guy who thought it was alright to let his kids shoot rabbits unsupervised at night in their back yard with a 22 rifle and his neighbors houses are in the line of fire. Or the guy who thought it would be alright to raise a couple of cows in his back yard.
It is a tad bit ironic that the Occupy Wall Street crowd will protest against Bank of America for foreclosing on past due loans while most of us accept that it is the rights of the lender to do so.
But when a HOA takes actions to protect their interests, some of the same folks who are critical of OWS are being critical of the HOA.
Sister Pat Farrell, president of the Leadership Conference of Women Religious, said that Catholics should be able to search for answers about faith without fear.
Sister Pat Farrell, president of the Leadership Conference of Women Religious, said that Catholics should be able to search for answers about faith without fear.
Originally Posted by Squatchsker
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