The first part of the story linked below is interesting, but not earth-shaking. It’s about apartments that are converted to privately owned condos, and then back to apartments. It happens all the time. But what happens next should shake you to your boots!
If 75% of the condo owners want to sell to a developer who’s converting condos back to apartments, then screw the remaining 25%. They pretty much have to take whatever the developer offers, which is sometimes a fraction of what those condos were worth.
We haven’t talked about this enough, but one thing our ‘righteous anger movement’ needs is a little more humor. Humor and phone pranks are also a clue that what’s going on in the national HOA scam is finally getting out to the masses. Comedian Roy Wood, Jr. had a very funny one a few years ago, though it was a little too profane for me to want to link.
Of course, the Duck Dynasty HOA fight was priceless.
Yes, there’s good news here and there on the HOA front. Is Indiana the first state to take any intensive steps toward ending the HOA madness? It’s beyond imagination to think that all fifty states aren’t considering cracking down on bully boards and lawn Nazis. Abuse of power is a vicious thing to have to endure. You wouldn’t believe the numbers of people who log onto this website and send me personal emails describing their own torment.
But look at some of the legislation either proposed or passed in Indiana. Maybe those Indy 500 rednecks aren’t going to take this HOA nonsense sitting down!
A few days ago I linked to the Mel Pittel case in the Meadow Creek Homeowners Association in a suburb of Minneapolis. Several years ago, Mel became suspicious of odd expenditures by his HOA board, and he got himself elected to the board. He also published a frequent blog about his HOA. The HOA, along with a powerful board member who owned a number of rental units there, not only refused to seat Mel on the board, but sued him over his website. A judge issued a gag order prohibiting Mel’s use of the Meadow Creek name on his blog.