Talk of The Villages Florida - View Single Post - 55 and under getting in trouble
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Old 07-30-2017, 10:06 PM
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Location: Schaumburg, IL - Chicago suburb - TV Wannabee
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Quote:
Originally Posted by VillagerNut View Post
Your comments about the over 55 is just to purchase a home here is totally incorrect. You only have to be 19 or older to purchase a home here or to live here. The way they keep a record of under 55 is by the recreation IDs that they issue. It is definitely a very small percentage that is under 55 years old that live here. But the actual rule is 80% of the residence have to be 55 and older. That includes homeowners, Renters and guest/family members.
A few years ago when visiting TV, I went to an open house hosted by the TV sales representative who owned the house. Since he appeared to be well under age 55, I asked him why he owned a house in TV since he was not living in TV. He said "Homes in TV are a great investment."
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Born and raised in Dubuque, Iowa. Chicago 1979 to 1986. Northwest Suburbs of Chicago - Schaumburg since 1988.