Rising property taxes and HOA fees are crushing me as a single dad. How can I keep my home?

Core Insights - Homeowners' association (HOA) fees and property taxes significantly impact the overall cost of homeownership, with about 3 million U.S. households paying over $500 monthly in HOA or condo fees as of 2024 [1] - The average monthly HOA fee in the U.S. is $390, equating to $4,680 annually, and 81% of new single-family homes sold in 2024 are part of homeowners' associations [6] - Property taxes are also on the rise, with the median property tax bill for 2024 reaching $3,500, reflecting a 2.8% increase from 2023 [7] HOA Fees - Homeowners' associations consist of volunteer homeowners who set rules and manage shared spaces, collecting fees for communal expenses [5] - Non-compliance with HOA rules can lead to fines or liens on properties, increasing the financial burden on homeowners [6] Property Taxes - Rising home values are contributing to increased property taxes, which are becoming a significant financial consideration for homeowners [7]