• Cornelius_Wangenheim@lemmy.world
    cake
    link
    fedilink
    arrow-up
    3
    ·
    2 years ago

    There’s actually a #3 that has become common in the last ~20 years: provide the developer with a continuing revenue stream via HOA fees.

    • grue@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 years ago

      Local governments encouraging them in order to shirk their responsibilities (e.g. they don’t have to maintain the street if it’s private), as @HubertManne mentioned, is also recently a thing.

      Still, those reasons are both very new, and thus don’t apply to the vast majority of HOAs.