💡HOAs are private local governments that have the same powers as a local government and can regulate residents' behavior through codes, covenants, and restrictions
🌳HOAs provide amenities and services for residents, such as landscaping, sidewalks, swimming pools, playgrounds, fitness centers, and security
🏠HOAs can help increase and preserve property values, as buyers know that amenities will be well-maintained and regulations will ensure a certain standard of living
👥Not all residents like living in HOAs, as they may find the regulations and restrictions annoying, limiting their freedom in managing their own properties
🔎HOAs have both positive and negative impacts on cities, as they can provide for the needs of residents better than traditional municipal governments, but may also create a fractured urban form and impede connectivity between neighborhoods