I have a friend(?) who I considered a reasonable intelligent man, especially in the world of finance. This is based on his profession (retired) and his apparent financial stability in retirement. He lives in an HOA area. He is on the HOA board, was the treasurer at one time, and they (the HOA) seems rather tame compared to some of the horror stories we hear about HOA's.
When they moved to the area, after renting for a while, they bought in this HOA area. Don't think it was his desire, as he could no longer keep his motorcycle, and his story is now, "it was time to give up riding". Think the truth is, his wife pressured him into moving there.
He talks about how the HOA maintains the roads, picks up the trash, plows when it snows (2 - 3 times a year here). I said I get all the same, from the city, without being in an HOA. His area is also in the city, and he pays city taxes. He actually believes they get a discount on city taxes because of the HOA. When I quizzed him on trash/recycle pickup, it's the same "city" trucks that pick mind up. City trucks that plow the street when it snows.
I looked his tax bill up (public record), nope, he pays the same rate I do based on assessed property value.