This is the story from the San Francisco Chronicle about a home buyer who waited many, many years to be able to afford your own home (a 450 square foot Studio Condo) in San Francisco. The unit was bought through help from the Mayor's office of housing which helps you buy a condo below market price. So to make a long story short. She leaves a rent control flat, buys this studio unit, and then the HOA start increase, the Special Assessments start coming and she can not afford the Dues of Assessments.
I note that one of the problems with the mixed income levels of the buyers. Those with more money want more ammenties therefore increaseing the HOA dues.
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