Community Association Management Recourses by Progressive Association Management Inc.

The Wealthy Effect and Raising Dues

The Wealthy Effect and Raising Dues

The wealth effect is a behavioral economic theory suggesting that people spend more as the value of their assets rise. The idea is that consumers feel more financially secure and confident about their wealth when their homes or investment portfolios increase in value. They are made to feel richer, even if their income and fixed costs are the same as before.

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We are the best Property Management Company in the Counties of Los Angeles, Orange, Riverside, San Bernardino and San Diego..

Progressive Property Management Inc. has been involved in the local real estate and rental market for years. We understand the price points, the tenant pool, and the local vendors and contractors.

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Progressive Property Management Inc.

1251 E Yorba Linda Blvd, Placentia, CA 92870
1-800-665-2149 | (714) 528-5522
info@progressive-am.com
CA DRE #01958885