Egads! I’ve never met Sara Benson, never even talked to her on the phone, but I’d have an affair with her in an instant, if she’d agree! (Yep, I’m not very classy, but I’m sincere!)
This incredible Illinois Realtor has discovered that up to 80% of Illinois Homeowners Associations are unknown and untracked by the state! The implications are massive. It means that huge numbers of Americans have signed away their access to rights conferred by the U.S. Constitution by buying homes in private corporations where they’re lying naked in front of all their fellow homeowners. They think they’ve bought private homes, but what they’ve actually bought is shares in unregulated corporations in which they can be taxed, liened, sued and bankrupted with their life savings going into a common pot owned by all their fellow neighbors.
It’s the biggest transfer of private property wealth to government in the history of America. Seductive. Illegal. Subversive. There just aren’t words enough to express it. I thought I was pretty smart about the evils of Homeowners Associations. I hate to admit it, but I didn’t have a clue. Not a clue.
This should be the Number One headline in every news organization in America. Sadly, it won’t be. I love America, but Americans are fundamentally stupid. Like the frog in the pot we just enjoy the increasing heat. Until it’s too hot.
Sara Benson and Don DeBat, I hope you sell a zillion copies of Escaping Condo Jail!.