Talk of The Villages Florida - View Single Post - The Villages at buildout
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Old 09-27-2008, 08:21 PM
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gfmucci gfmucci is offline
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Quote:
Originally Posted by Russ_Boston View Post
Good research but read the whole article.
Thanks. And I did.
Quote:

I think you are off base if you feel that TV would be kids town in the future. There must be HUNDREDS of 55+ communities in FLA and thousands more across the country.
Just my opinion.
And without calling you "off base"*, my opinion is that in 20 years, after the baby-boomer demographic bubble has evaporated, and there is substantially less demand for "age-restricted retirement communities" we, or those who come after us, may find there is a much smaller market for the sale of TV homes - especially 30 to 40 year old homes. And the fact that there are "HUNDREDS of 55+ communities in FLA and thousands more across the country" makes the demographic shift even MORE significant. If this is true, than there there will be a much greater supply of age-restricted housing than demand and prices will fall relative to other housing options. If that happens, the owners of homes in TV (sans developer intervention or interest) may try to expand the potential buyer market (and prop up prices) by finding a way to eliminate the age restriction, which I believe is technically possible. And I didn't say "Florida" would do this. The homeowners, collectively, would attempt it.

I realize there are several "ifs" involved in this scenario. But they are all within the realm of possibility if not probability.

*An alternative manner of disagreeing besides telling someone is he is "off base" is to say "I disagree because..." or "I have a different view."

This whole topic is highly speculative. There is no correct answer today. That's just my opinion. I might be wrong.
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Last edited by gfmucci; 09-27-2008 at 08:29 PM.