Originally Posted by TXiceman
During my tenure on the board, I learned a lot about people and the 80 - 20% rule applies and it might be closer to 90 - 10%...90% complain and 10% do. I also learned that I am not going to do that again.
Yes, you won't do it again BUT the damage is now done.
That property will remain restricted for just about forever. Every subsequent owner will have to either submit or walk away.
So most people will say there's nothing wrong with that, people can walk away. Except for the matter of the expanding numbers of properties ruined by this.
It's possible to tie up all property this way. Nobody will have a place to escape. Remember 1965 had 500 and now there are 250,000 HOA's!! 50 million people affected. Do the math except realize that most of the change took place recently and your graph will point straight up very soon.
You'll be hogtied and branded before you know what happened.