Quote Originally Posted by KG4NEL View Post
In theory.

In practice, what happens when it turns into a tradeoff between buying into an HOA, or buying into a depressed area? Seems like it's a pattern that feeds on itself.
What's a "depressed area? The homes aren't new? More than 20 years old? The first house I had was probably 10-15 years old. The second was at least 60 years old. The current house (pictured below) was built in the mid to late 50s.

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I didn't know I lived in a depressed area. Thanks for pointing that out.