How Homeowners Associations Took Over American Neighborhoods
More than 80% of newly-built single-family homes sold in 2022 belonged to an HOA, according to the U.S. Census Bureau. HOAs tout themselves as a value-add to homeowners, specifically when it comes to maintaining high property value, but not everyone is pleased with HOAs. Fifty-seven percent of homeowners surveyed said they disliked living in an HOA with more than 3 in 10 homeowners saying they feel like the HOA has too much power. Chapters: 00:00 — Introduction 01:06 — One HOA experience 05:46 — Benefits of HOAs 08:18 — Power dynamics Produced, Shot and Edited by: Charlotte Morabito Additional Camera and Color Correction: Mark Licea Editorial Support: Juhohn Lee, Jack Hillyer Animation: Christina Locopo Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images, Jewel Inostroza, Jessica Navas » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC How Homeowners Associations Took Over American Neighborhoods
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