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They can keep increasing the fees 10% every year which compounds pretty fast, certainly a lot faster than the pay raise offered by an employer.




But, again—it compounds for them, too.

Sometimes, this won't matter, because "they" are making millions a year (or are married to someone who is—often, toxic HOA members are stay-at-home spouses with little else to occupy them), so I'm not saying this doesn't happen, but we're not talking about some third-party management company raising prices so that they make more profit. We're talking about a cooperative raising fees for its own members—including the board members—which go into the common coffers.

Unless, y'know, we're talking about active embezzlement. Which does happen, but is obviously a failure mode and not normal operation.




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