Episode 48

The Paper Collapse

The 2008 housing crisis left a lasting impact on the community association industry, exposing vulnerabilities that many HOAs and condominium communities had never faced before. From abrupt instability to the unraveling of improperly verified “robo-signatures” and unclear mortgage assignments, the effects reshaped the industry for years to come.

On this episode of CACM Chat: The HOA Life podcast, Communications Manager Celeste Huecias sits down with Mitch Drimmer, CMCA, LCAM, President and Industry Principal of Axela, to explore whether the industry may be seeing early warning signs of another housing crisis.

Nearly 20 years later, what similarities are emerging? Mitch discusses what community associations and management companies should be watching for and how they can begin preparing now for the possibility of another period of economic uncertainty.

Tune in for a timely conversation about lessons from the past, signs to watch today, and steps the industry can take to prepare for whatever comes next.

This episode is sponsored by Axela.