Quote:
Originally Posted by eweissenbach
I personally don't get the theory that growth will ultimately lead to falling home values. I believe that there will always (as long as most of are alive) be demand for homes in the villages above 44. There are a fairly finite number of homes in this part of TV and there will likely always be retirees that find it to be their preference...
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I agree 100%. For example, I grew up in St. Petersburg, which is somewhat limited in land because it's a peninsula with Tampa Bay to the east and south and the Gulf of Mexico to the west. Kind of like TV with 44 to the south and 441 to the east. Here's a home for sale right now on zillow in St. Pete built in 1941. It sold in 1995 for $120K, it is now under pending sale for $525K. I could post a hundred more just like that, it's supply and demand.
