So, you beautiful bastards. Welcome back to the Philip DeFranco show, your daily dive into the news.

I hope you having a fantastic Wednesday. And you know, there's a lot that we got to talk about today.

So let's just jump into it.

To start the dive into this very important topic, I'm going to have to say two words that are going to trigger some of you.

Homeowners Association. For a great number of Americans, one of the most frustrating topics. I mean, it is a topic that could easily fill a 10-hour video of just horror story after

horror story.

There's so many stories out there in the world of petty tyrants with too much time in their

hands or just ruining people's lives to families facing the possibility of being excluded

from their home because the community all of a sudden decided to become 55 plus.

But what we're actually going to be diving into is what may be an impending infrastructure crisis across America.

Because as it turns out, HOAs are often not setting aside enough money for the maintenance that they're required to do.

This might come as a shock to a lot of people, but it is often the case that a lot of the infrastructure within an HOA's community is supposed to be maintained by them.

And I don't mean the community items like pools and parks, but even basic stuff like roads and water treatment centers built exclusively for the HOA.

Now, this wasn't always the case and instead directly coincides with the meteoric rise in the number of HOA's plaguing this country over the past decade or so.

Because in 2011, just 11%

of new homes were under HOAs. But by 2022, it jumped to 66%. With developers often making deals

with cities that the HOA is governing their new developments would handle the infrastructure

in order to smooth over the approval process for getting new homes built. And this is where the

trouble really starts. And we're getting to a point where many of these communities are needing regular maintenance on things

like their roads and suddenly they're finding, oh shit, we don't have cash for it. Like, for example,

the situation in West Virginia that Edward Airford, director of community action at strong towns

talked about this year. You know, that town was collecting fees from homeowners for the normal things.

...