Community Associations and Inflation
Did you know that the Consumer Price Index increase 6.8 percent from November 2020 – November 2021? This is the largest year-long increase since 1982! How does this affect your association? Your HOA/COA likely has seen increases in cost to various vendors recently. Please read the following article by HOAManagement to see how inflation can affect your community, and what your community can do during periods of large inflation.
https://www.hoamanagement.com/preparing-your-hoa-for-inflation/