[dewilson58]

Originally Posted by Advogado

In fact, I majored in Economics and was elected to Omicron Delta Epsilon (national economics honorary).



Perhaps you could explain your assertion about businesses being able to pass all cost increases on to their customers. If you were right, a business would never go bankrupt; it would just raise its prices until it made money.


Why do you think the Developer had his County Commissioners offload his infrastructure costs on to the taxpayers????


To get technical: As you say, if the Developer upped his price by the amount of an increased impact fee, the Developer could eventually sell every house he builds. Product differentiation would permit that. But, because of competition, the sales would take place over a longer period of time and his profits would, therefore, take a serious hit.

Look at it this way, if the Developer could increase his prices in the amount of an increased impact fee without reducing his profits, he should immediately fire his chief financial officer for not having increased prices already, i.e., before the increase in impact fees. It would have been poor business to leave all that money on the table. But nobody has ever accused the Developer of being a bad businessman.

But let's assume you are right and the Developer could successfully pass on 100% of an arm's-length impact fee to the buyers of new homes. I would be fine with that because then you, I, and the other present Sumter County taxpayers would not be paying the Developer's infrastructure costs for him. They would fall on to the house buyers responsible for them.

ODE: Kind of hanging onto the past aren't we. I did not find ODE as much of an honor when this was handed to me +30 years ago. Zzzzzzzzzzzzzz And I was named player of the week in 8th grade after our third football game. Boom!!!


"Assertion"...........not businesses, The Villages. They can and they do. That's why it's value is over a billion dollars.


Why?? To provide housing at a lower price and still maintain their business model, which includes growth, quality & profits.


Not in the last 30 years and probably not in our life times. No where near that point on the curve. No significant hit in the crystal ball.


Now you're just being silly. The CFO of TV does not determine pricing. He's a good guy doing quite well. Leaving money on the table is not a sin, done it many times.



Of course I'm right. How much of the developer's cost is the county paying this year?? What is the actual dollar amount in the 2019/2020 fiscal year???


Well that was a waste of time.