Pothole economics, the disastrous saboteurs of our future.

The GOP's 43 year tax cut for billionaires while we ignore the needs of the country,

grift, has an analogy in condos and homes across America that might help voters

understand how it works and how they've gotten away with it. Fully 84% of all

homes and apartments built and sold in 2022 came with a homeowners association in HOA and an estimated 27% of all

homeowners nationwide currently live in a property controlled by an HOA and many are very unhappy about the experience.

According to a survey by Rocket Mortgage, only 47% of HOA residents think their HOA

has made their community better. Only two-thirds, 64 percent, believe their HOA honestly handles

his finances, and one in ten people nationwide who have an HOA cite the HOA itself as their

main reason for moving.

How and why is this?

Louise now have lived in five communities with HOA's in two different states.

Three, including where we now live, were well managed, kept up the community and set aside money from the

dues every month for the inevitable future maintenance. I was on the board of

one of them. The other two ran essentially a shell gamer reverse Ponzi scheme

which led us to eventually quit those communities and move.

I remember attending a board meeting in one of those shell game HOA communities we lived in.

There were multiple common area maintenance issues needing attention,

but a group who called themselves low-tax conservatives had run the board for over 20 years.

There was almost nothing in reserve, so maintenance had been continuously postponed until things hit a crisis level.

Then they'd hit us all with a series of special one-time assessments ranging from a few hundred to a few thousand dollars to pay for the upkeep. They refused to

raise the monthly HOA fee referring to it as a tax because they said they were

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