Uh, Won't The Monthly HOA Just Go Up Next Year?

I didn’t see it when you posted it but the HOAs have insurance to cover these things. There is usually a deductible. And it is unclear from the article if all the residents got paid or just the ones with children, so if the dues go up it will affect the childless couples more.

Makes sense (insurance covers it) but if the condo’s insurance premiums go up because of the claim exposure who eventually ends up paying more in the form of the monthly HOA?

I get it, not everyone can or even wants a SFH but I am just not willing to pay for services and amenities that I don’t use or very infrequently.