No, just regulated. The real-estate agent in the article had it right: real-estate is regulated way more than HOAs which have almost no regulation.
When viewed in a lens of their history (ie, as a means of segregation and exclusion) it would make sense why they were "off limits" to legislators.
However, I think it could be a popular thing to regulate them now - most homeowners hate their HOA random fees and correction requirements. And you have examples like the Revolt at the Villages [1] where HOAs take money from one group of residents to fund expansion elsewhere.
Comments
No, just regulated. The real-estate agent in the article had it right: real-estate is regulated way more than HOAs which have almost no regulation.
When viewed in a lens of their history (ie, as a means of segregation and exclusion) it would make sense why they were "off limits" to legislators.
However, I think it could be a popular thing to regulate them now - most homeowners hate their HOA random fees and correction requirements. And you have examples like the Revolt at the Villages [1] where HOAs take money from one group of residents to fund expansion elsewhere.
[1] https://theintercept.com/2023/02/05/ron-desantis-florida-vil...