More general fallout from cash-strappedness everywhere: condo owners are falling behind on homeowners dues more than ever, at least as reported anecdotally by Inside SF RE. Says the broker blog: "The result of HOA delinquencies, unfortunately, is that the HOA financial reserves can become deficient and unable to keep up with operating costs or building repairs. ... HOA members sometimes end up deciding to cover another unit’s dues." Ooh, that's awkward. [Inside SF RE]
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