My HOA Protects My Property Values!
Well, Bunky, that’s the biggest lie you’ll ever hear.
Several years ago, I warned all of you about the pending crash of the Las Vegas housing market. It happened exactly as I predicted. At the heart of the problem is the government’s reliance on Homeowners Associations to perform traditional government functions and services. All HOA contracts are corrupt at their core. They were a flawed model from the start, and what’s going on in Las Vegas foreshadows what’s coming for the rest of the nation.
This neighborhood collapse will continue. With what’s going on politically right now the future is set in stone. You don’t have to be a Nostradamus to prognosticate. Flag this date and this blog post. And come back to me five years from now and tell me I was wrong!
(link to investors fleeing the Las Vegas housing market)
