Category Archives: Government
Changing Times
I think it was Mark Twain who advised people to buy land because God wasn’t making any more of it. He also said, “No man’s life, liberty or property are safe when the Legislature’s in session.” His last witticism may have been more accurate than the first.
Wow! Any Doubt a Housing Collapse is Coming?
This blog post is, indeed, a little esoteric. But many experts have predicted that another financial bubble is going to collapse, this one involving the HOA housing industry.
You really have to dive in between the lines of the story linked below. But this financial expert is predicting societal changes which actually could lead to a housing collapse in suburban America. He says the most dynamic part of our growing financial culture is the diversity of thought and creativity that’s only found in our inner cities and not in our stale suburban neighborhoods. He claims that our societal focus on suburban life is destined for failure and calls it “…the primary reason for global financial crisis.”
I’m no economist and my own predictions are far less sophisticated than his. But it boils down to the same conclusion: Sir Thomas More’s vision of Utopia is exactly backwards and is destined to collapse simply because the human spirit is not designed for life in Paradise. It’s evolutionarily designed for survival of the fittest. And the HOA Utopian model was never designed to handle the harsh realities of life.
When those institutions which underwrite home loans discover that the typical Homeowner Association model does not protect or stabilize property values, when they discover that homes outside HOAs actually rise faster in value than those inside gated neighborhoods, when they finally discover that embezzlement is the Achilles heel of covenant controlled developments, then investor money will start flowing out of homeowners associations and back into more traditional neighborhoods.
(click here for Richard Florida’s interview)
Paper? Plastic? Or Old-Fashioned Roasting Pan?
The Hideous Underbelly of Power
In my new book, Neighbors at War, I delve deeply into the lust for power and how easy it is for seemingly normal homeowners to go crazy when they get their first taste of power over their neighbors. We’ve seen it among Nazi prison guards, we’ve seen it among those who guard our jails, we’ve seen it repeatedly in double-blind science experiments.
“Power corrupts. And absolute power corrupts absolutely.” (Lord Acton)
But Pennsylvanians, shattered by the recent “Cash for Kids” scandal are still trying to wrap their minds around this one. Two former judges, Mark Ciavarella and Michael Conahan, reportedly accepted millions of dollars in bribes from privately owned juvenile detention centers for sentencing thousands of juveniles to those institutions. “Good Lord!” you say. “Impossible!”
When you put someone into a position of power in your neighborhood, be very, very suspicious of that person. Never let down your guard. In our current system in HOA Amerika there are no checks and balances. None, whatsoever. There’s no court of last resort. There’s no Due Process. In the vast majority of Homeowners Associations there are few records, poor accounting, often no audits. Our board members have complete and total power over our lives. We try to pretend that board members are fiscally responsible for how they govern. But they really aren’t.
Read about “Cash for Kids.”
And weep.