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HOA's are making the home crisis worse
Florida's homeowner and condominium associations are exacerbating the housing crisis by aggressively using their legal powers against residents, including filing 10,296 foreclosure suits against members over unpaid dues that often start at just a few hundred dollars, along with recording over 460,000 liens and nearly 280,000 foreclosure notices. These associations hold approximately 1.5 million homes across Florida and frequently pursue collection tactics that compound housing affordability and stability issues, with association foreclosures now outnumbering bank foreclosures and accounting for 73% of the nation's association foreclosure suits.
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