View Single Post
 
Old 02-10-2020, 02:29 PM
Advogado Advogado is offline
Gold member
Join Date: Jul 2007
Posts: 1,032
Thanks: 62
Thanked 685 Times in 229 Posts
Default

Quote:
Originally Posted by Challenger View Post
All costs are part of the consideration for the home. Consideration = price paid+ any other liens against the property . If there were no bond program , the developer would have paid out of pocket or with a construction loan and the outcome would be the same.All costs are passed through to the buyer through one mechanism or the other. Any increase in "impact fees will' by definition be passed through to the buyer. Ergo a higher price. I have no quarrel with higher impact fees, but the final result will still be that the buyer pays.
Apparently you have never been in business. Increased costs cannot simply be passed on to customers. If a business could do that, it would raise its prices without any increase in costs and thereby increase its profits. But even if the Developer could pass on a higher impact fee entirely, that would be okay. The costs of the infrastructure would then be paid by the people who necessitated it, not by the existing residents, who didn't want the new The Villages sprawl in the first place.