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.

But the science story linked below is one I’d never considered.

(link to drought induced earthquakes)

 

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About

Ward Lucas is a longtime investigative journalist and television news anchor. He has won more than 70 national and regional awards for Excellence in Journalism, Creative Writing and community involvement. His new book, "Neighbors At War: the Creepy Case Against Your Homeowners Association," is now available for purchase. In it, he discusses the American homeowners association movement, from its racist origins, to its transformation into a lucrative money machine for the nation's legal industry. From scams to outright violence to foreclosures and neighborhood collapses across the country, the reader will find this book enormously compelling and a necessary read for every homeowner. Knowledge is self-defense. No homeowner contemplating life in an HOA should neglect reading this book. No HOA board officer should overlook this examination of the pitfalls in HOA management. And no lawyer representing either side in an HOA dispute should gloss over what homeowners are saying or believing about the lawsuit industry.

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