Quote:
Originally Posted by tophcfa
Very good question, our neighbors house up north was built in 1882 and is still in very functional condition despite the harsh northern winter climate. Hacienda Hills and the old El Santiago recreation center were both torn down at relatively young ages as well. The logical assumption is that the developer builds facilities with the intention of selling them at an early age to a captive party (not necessarily arms length transactions) and therefore won’t be responsible for the long term costs of maintaining/replacing the facilities. When the builder of a facility is motivated by maximizing profits, knowing they have a captive buyer for the property, what would be the incentive to spend the money to build to top notch long term expected life standards?
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Same as the crumbling pickleball courts at Burnsed and Rohan, same as the failed storm drains, they build on the cheap knowing that they won't have to spend a penny on repairs.