The hilarious thing to me about these new neighborhoods, is you can easily find their 'end game' state by just going to one that was built 12-15 years ago.
You will find the same story, brand new -> rusted out fences, broken lights, old pavement, irrigation problems.
The maintenance of these communities is outrageously expensive. Without an HOA fee of $400-$600 a month, they rapidly fall apart (~10 years). Yet you typically see figures closer to $200 a month.
Here in Central Florida, the second wealthiest "McMansion" neighborhood had to increase HOA dues and have a special assessment to finally pave its pot hole ridden roads. Mind you the dues are typically near $800 per month.
You will find the same story, brand new -> rusted out fences, broken lights, old pavement, irrigation problems.
The maintenance of these communities is outrageously expensive. Without an HOA fee of $400-$600 a month, they rapidly fall apart (~10 years). Yet you typically see figures closer to $200 a month.
Here in Central Florida, the second wealthiest "McMansion" neighborhood had to increase HOA dues and have a special assessment to finally pave its pot hole ridden roads. Mind you the dues are typically near $800 per month.