Quote:
Originally Posted by Maker
If everyone gets the exact same amenities, WHY are the fees different?
I asked, and was given a long explanation about how they use sales dates, anniversary dates, etc, to arrive at a unique fee per house. They never could say WHY they are all different, other than "this is how we do it."
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A guess:
1. Buyers will feel better about a rate that is adjusted annually for inflation rather than a rate that is set arbitrarily each year.
2. Adjusting the rate on the anniversary of the initial sale rather than the date of resale makes it easier to project income - the date a home will be adjusted for inflation is fixed, it never varies.
3. NOT tying the annual change in the prevailing rate (the Amenity fee set when a home changes hands) to inflation allows the Developer to make a larger increase if necessary.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
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