Spurned by the pet waste issues, 

a resident had communicated their concerns in the "dropping of property values due current management's ineptness in making simple management decisions of budgetary concern".

What happens after just a short while, Realtor's in the area start hearing bad stories about Brookside from Sellers. Realtors then start pushing Buyers to better managed and better maintained competing properties. So then, our properties don't sell as quickly, or don't get fair offers or multiple offers, etc, etc.    When new owners move in and start hearing negative gossip, more dissension grows. It is a common reason from BSV Sellers of late along with the rumors of a $10,000 special assessment for the south parking structure that these (Board) residents were spreading around last year..

It is not some intangible or virtual thing(s) that drives supply and demand for real estate. It includes a multifaceted, managed, economic and private sector that is reflected in your selling price.  In the last two years, I started hearing excellent feedback from local Realtors and our properties have been selling high and quickly.  It was previous management's hard work over the last 5 years that righted the ship from these very same persons sitting on the Board now. It is amazing how the cycle of mismanagement continues to repeat itself within Brookside.