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Raybyrnes
ParticipantMello roos is having unforeseen consequences on communities (aformentiond Mystic Point): it is driving away buyers from properties.
Then the efficient market hypothesis is working. As you suggested people will find better substitutes to paying for a property plus MR.
To me HOA, ML etc are fairly meaningless because I am simply looking at the total package.
To me it is an uphill battle to think you can sell a property with HOA and MR when there are similar properties without HOA and MR.
It doesn’t seem much different than buying high expense mutual funds. They might win but they start out with a substantial disadvantage.
Again you could argue that developers should pay this but I jsut see this as a pas through to the final owner in the form of higher purchase price. In the end someone has to pay and the higher up the food chain you are the less your are going to bite off. Just the way it is.
Raybyrnes
ParticipantMello roos is having unforeseen consequences on communities (aformentiond Mystic Point): it is driving away buyers from properties.
Then the efficient market hypothesis is working. As you suggested people will find better substitutes to paying for a property plus MR.
To me HOA, ML etc are fairly meaningless because I am simply looking at the total package.
To me it is an uphill battle to think you can sell a property with HOA and MR when there are similar properties without HOA and MR.
It doesn’t seem much different than buying high expense mutual funds. They might win but they start out with a substantial disadvantage.
Again you could argue that developers should pay this but I jsut see this as a pas through to the final owner in the form of higher purchase price. In the end someone has to pay and the higher up the food chain you are the less your are going to bite off. Just the way it is.
Raybyrnes
ParticipantMello roos is having unforeseen consequences on communities (aformentiond Mystic Point): it is driving away buyers from properties.
Then the efficient market hypothesis is working. As you suggested people will find better substitutes to paying for a property plus MR.
To me HOA, ML etc are fairly meaningless because I am simply looking at the total package.
To me it is an uphill battle to think you can sell a property with HOA and MR when there are similar properties without HOA and MR.
It doesn’t seem much different than buying high expense mutual funds. They might win but they start out with a substantial disadvantage.
Again you could argue that developers should pay this but I jsut see this as a pas through to the final owner in the form of higher purchase price. In the end someone has to pay and the higher up the food chain you are the less your are going to bite off. Just the way it is.
Raybyrnes
ParticipantMello roos is having unforeseen consequences on communities (aformentiond Mystic Point): it is driving away buyers from properties.
Then the efficient market hypothesis is working. As you suggested people will find better substitutes to paying for a property plus MR.
To me HOA, ML etc are fairly meaningless because I am simply looking at the total package.
To me it is an uphill battle to think you can sell a property with HOA and MR when there are similar properties without HOA and MR.
It doesn’t seem much different than buying high expense mutual funds. They might win but they start out with a substantial disadvantage.
Again you could argue that developers should pay this but I jsut see this as a pas through to the final owner in the form of higher purchase price. In the end someone has to pay and the higher up the food chain you are the less your are going to bite off. Just the way it is.
Raybyrnes
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Raybyrnes
ParticipantI don’t like MR eithe but how is it a farce.When new property is developed on a grand scale city resources are going to be tapped into by the owner. Scools get hit with more student and have to hire more teachers . Utilities need to be wired up, sewer system used more, street and roads more utilized. So who is suppose to pay for this.
If yo put it to the builder then he is going to add it to his purchase price. If the purchase price which includes MR is not in line with the market and his profit motive then he is going to walk and the project does not move forward.
If o don’t like MR (I am not a fan) fine . But to say that the developers are getting some sort of free pass suggests a lack of top down understanding of what those fees are for.
Raybyrnes
ParticipantI don’t like MR eithe but how is it a farce.When new property is developed on a grand scale city resources are going to be tapped into by the owner. Scools get hit with more student and have to hire more teachers . Utilities need to be wired up, sewer system used more, street and roads more utilized. So who is suppose to pay for this.
If yo put it to the builder then he is going to add it to his purchase price. If the purchase price which includes MR is not in line with the market and his profit motive then he is going to walk and the project does not move forward.
If o don’t like MR (I am not a fan) fine . But to say that the developers are getting some sort of free pass suggests a lack of top down understanding of what those fees are for.
Raybyrnes
ParticipantI don’t like MR eithe but how is it a farce.When new property is developed on a grand scale city resources are going to be tapped into by the owner. Scools get hit with more student and have to hire more teachers . Utilities need to be wired up, sewer system used more, street and roads more utilized. So who is suppose to pay for this.
If yo put it to the builder then he is going to add it to his purchase price. If the purchase price which includes MR is not in line with the market and his profit motive then he is going to walk and the project does not move forward.
If o don’t like MR (I am not a fan) fine . But to say that the developers are getting some sort of free pass suggests a lack of top down understanding of what those fees are for.
Raybyrnes
ParticipantI don’t like MR eithe but how is it a farce.When new property is developed on a grand scale city resources are going to be tapped into by the owner. Scools get hit with more student and have to hire more teachers . Utilities need to be wired up, sewer system used more, street and roads more utilized. So who is suppose to pay for this.
If yo put it to the builder then he is going to add it to his purchase price. If the purchase price which includes MR is not in line with the market and his profit motive then he is going to walk and the project does not move forward.
If o don’t like MR (I am not a fan) fine . But to say that the developers are getting some sort of free pass suggests a lack of top down understanding of what those fees are for.
Raybyrnes
ParticipantI don’t like MR eithe but how is it a farce.When new property is developed on a grand scale city resources are going to be tapped into by the owner. Scools get hit with more student and have to hire more teachers . Utilities need to be wired up, sewer system used more, street and roads more utilized. So who is suppose to pay for this.
If yo put it to the builder then he is going to add it to his purchase price. If the purchase price which includes MR is not in line with the market and his profit motive then he is going to walk and the project does not move forward.
If o don’t like MR (I am not a fan) fine . But to say that the developers are getting some sort of free pass suggests a lack of top down understanding of what those fees are for.
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