I tend to think that at least some other retirement communities will go the route The Villages has, regarding amenities. Let's face it, its worked so well here, someone is bound to copy the idea! If so, then TV will be competing with those communties. If the other communities have larger, nicer lots, etc., we might be at a disadvantage. Also to consider, at buildout our homes will be older than they are now, so we may be competing with homes in other communities that are newer. Also, who knows how the maintenance of the grounds is going to be here in the future. I see even now that there are nowhere near the number of landscape people employed by TV that we used to have 3 or 4 years ago. If you walk along the sidewalk, I see weeds near the road that make it look a little unkempt. I don't mean to sound negative, but these are considerations that buyers will make. I just don't see it as a "given" that our property values will rise or rise substantially.
|