Tag Archives: hardship

Keep Out

With a troubled housing market pressuring more homeowners to rent their homes, many boards are taking another look at rental restrictions.  

Kathleen Retz, president of the board of chinook Manor Homeowners Association, describes her situation as a “Catch-22”.  Retz is concerned about the increasing number of rentals in her 30-unit condominium building.  She says renters “tend not to care as much about the quality of the lifestyle of the community.” And she is aware that her community could be less attractive to home buyers – especially those who need financing – if the number of rentals goes too high. 

Read more