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Why do people agree to homeowner associations?

I've just heard of too many on power trips and come up with crazy stupid ideas like this to trust them.

They must keep their garage doors up from 8 am to 4 pm Monday through Friday or get a $200 fine.
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People who agree to those HOAs are usually young folks with more money than sense. By the time they realize what a bad idea it is, it's too late.