More Reason For HOAs To Fear The Southwest Drought
As I’ve said many times on this blog, our nation is facing a massive financial crisis involving a pending collapse of the dollar, with nowhere to hide. All it will take is a tipping point, just a single event. It could involve an investment gone wrong, a weather event, a crisis involving war between two nations anywhere in the world, or some moment where the world fears the stability of the US dollar. Mortgage companies will massively decrease lending for home purchases. And there’s no doubt these same mortgage companies know that the most fragile investments are in Homeowners Associations where property values can become wildly unstable because of misfeasance or malfeasance by HOA officers or managers.
