This is a major problem we've been seeing as a suburb of Atlanta, almost every house that goes on the market is bought up quickly by a homeowners group, our HOA has about 3 people that have bought a majority of the units and the rent has gone from 650 about 10 years ago to over 1000 now and since those 3 own so much of the HOA they get whatever they want and blocked a plan to try and make it so only so many houses on the road were rentable.
This is a major problem we've been seeing as a suburb of Atlanta, almost every house that goes on the market is bought up quickly by a homeowners group, our HOA has about 3 people that have bought a majority of the units and the rent has gone from 650 about 10 years ago to over 1000 now and since those 3 own so much of the HOA they get whatever they want and blocked a plan to try and make it so only so many houses on the road were rentable.