home values at buildout
Depends on supply and demand. The Villages needs to offer better value than alternative housing options.
I see the following four issues as fundamental to maintaining housing value.
1. Can we make the transition to a new form of effective government once the developer is not in total control? We'll need excellent government that can keep facilities and services in good order for reasonable cost. Owners need to start taking getting invovled in government and that is something new. Can we make the transition without major problems?
2. Can we evolve our facilities as people's likes and dislikes change? This requires making decisions to modify facilities and develop new means to pay for them.
3. Will the golf course owner(s) see it in their interest to keep all the courses in good shape and with reasonable pricing? The future owner may not be the current owner and certainly won't be concerned about home sales.
4. Will the commercial interests continue to sponsor free nightly entertainment in the Village Squares?
What do others see as issues to maintain house value?
|