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The opposite may help, at least.

A crash in home prices may motivate folks to go door to door to gather the votes needed to dissolve their HOA and raise their property values by the amount that the HOA reduces them.

The reduction isn’t dramatic today, because while everyone hates HOAs few neighborhoods have disovled their HOA.

But it could gain ground rapidly, with the folks in neighborhoods that don’t dissolve their HOAs stuck with properties that sell for substantially less money.

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