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. For homeowners associations (HOAs), there’s concern that economic hardship could add to the intense pressure they are under to retain and hire the people they need to stay in business. The HOA industry gained popularity in the 1960s and has grown steadily ever since.
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