CAI and other pro-HOAs promoters have used the misleading argument of affordable housing. See how the addition of HOA fees deceases the price of your real affordable house according to mortgage loan requirements.
First, understand the following loan requirements and home expenses.
Your salary must meet the following two conditions on FHA loans:
o The sum of the monthly mortgage and monthly tax payments must be less than 31% of your gross (pre-taxes) monthly salary.
o The sum of the monthly mortgage, monthly tax and other monthly debt payments must be less than 43% of your gross (pre-taxes) monthly salary.
And,
People who opt for housekeeping shell out an average of $285 a month, while HOA dues ($210) and landscaping ($144) followed behind. A home security system costs $130, slightly more than pool care ($123). Snow removal ($84), septic service ($67) and trash and recycling collection ($55) proved more affordable.
More than meets the mortgage: Survey finds the hidden costs of homeownership
Affordable housing myth is dispelled!
Then click on the link below and use its preset numbers.
Note that Condo/HOA fees are set to zero. Note the highest price you can afford to buy. Now, click on Edit and add, say $200 as HOA fees. Note the lowered price of a home you can afford to buy. That’s reality! CAI slogans are a misrepresentation of affordability!
https://www.realtor.com/mortgage/tools/affordability-calculator#summary
Note, also, that this Realtor.com page buries HOA fees as separate from monthly expenses, and continues to show monthly expenses the same although HOA fees were added. Trying to hide something???
HOA Constitutional Government 
While your opinion included FHA it might have overlooked that HOA assessments are also included in the approval process for Conventional loans, thereby reducing the amount of “house” a HO can afford. HOA dues are continuing to escalate. Your figure above does not seem to include condo fees of $1500 a month or more. And that doesn’t include (required?) tips to the concierge. For that you get a poorly maintained roof, piddle stains on hallway carpets, dirty and broken exercise equipment, over-chlorinated pools, excessive noise from neighbors and elevators, theft, tires flattened in garages, rude MC employees all while living in a closet! Not to mention when you live in a private corporation you lose your First Amendment rights, perhaps your ability to smoke in your own home and the kids are constantly ratted on my fellow Members. Speed bumps? Not anymore, your neighbors are equipped with radar. For god’s sake, if you have kids tell them to shut up, keep them confined inside the home … no swing sets, no gazebos and let the tyrants rule to do as they please. It is a pathetic lifestyle and designed for the apathetic. Shush, don’t say a word1