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by newlyretired 3161 days ago
You don't think property coops are at a high risk of acting like current HOAs?
3 comments

How is an HOA worse for the resident than a landlord?
They already do, at least in NYC. That's just part of the deal you sign when you join. If you don't like it, there are a lot of other options, each with their own tradeoffs.
Perhaps, but as long as participation is voluntary, I can live with that. That said, if I ever buy a house, it will very pointedly be in an area with no HOA. :-)