Just wait until those HOAs start biting the dust. There are going to be a lot of folks that stop paying their fees, and combined with all the empty units, some HOAs are going to get in big trouble fast. I would be very wary especially of the larger buildings because their costs are high. If the elevator breaks and there’s no money in the HOA account to fix it, you might be hoofing it up 15 flights of stairs with your groceries.