How are AP Departments within Homeowners Associations Responding to a Potential Recession?
AvidXchange: Association Management
NOVEMBER 9, 2022
A possible recession has businesses on edge as many are reevaluating costs and priorities in preparation for an uncertain future. They cut costs by closing pools and clubhouses and reduced maintenance work. Sixty percent of our survey respondents said they are looking for ways to reduce costs. Some raised homeowner fees.
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