个人是否喜欢HOA是根据个人自己的爱好,不是客观的数据。从客观的升值空间来看,HOA是不利升值的。这里有个耶鲁研究结果:在比较了大量HOA和非HOA房子的历史房价来看,非HOA房子增值很高,而HOA房子增值很少:
Results – HOA myth busted!
Unlike previous research, which analyzed home sale prices of HOA vs. non-HOA homes, this study examined the percent change in a home’s value over time. It then compared appreciation rates of properties in HOA and non-HOA communities.
Comparing a home’s most recent sale price to its previous sale price, Robertson determined the Annual Percentage Return (APR) for each home in the random sample of three Counties selected.
The data reveal something unexpected by many in the HOA industry. According to the data, homes that are not governed by HOA covenants, restrictions and rules increased in value, on average, at a significantly higher rate than homes located in HOA-governed communities.
Put another way, properties in HOA-governed communities have a lower return on investment than homes outside the boundaries of HOAs.
And, as Robertson aptly points out, his data analysis does not factor in the payment of HOA assessments and fees over the course of property ownership. That, he says, would further reduce annual percentage return on investment for homes in HOA-governed communities.
In other words, Robertson’s research offers more hard evidence that HOAs do not result in higher property values in relation to homes in non-HOA communities.
As the subject of future research, Robertson suggests examining several possible causes for the correlation between HOAs and lower APR on investment in HOA-governed properties.
Home buyers cannot or do not want to pay HOA fees.
HOAs have a negative stigma, due to greater public awareness of frequent HOA disputes.
Consumers who value their rights tend to avoid HOAs.
附上几张我们远离HOA的,完全属于自己的房子的照片: