Interesting. Housing will – Piggington's Econo-Almanac

November 1, 2007 at 4:04 PM #94396

Participant

Interesting.

Housing will have to drop in order to offset HOA increases/inflation. How much will buyers want to pay for a condo with $500 – $1000/month HOA?

Property taxes are coming due. If people are defaulting on HOA, you can bet they are defaulting on property taxes as well.