Talk of The Villages Florida - View Single Post - TooJay's filing for bankruptcy
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Old 05-01-2020, 07:03 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Quote:
Originally Posted by tophcfa View Post
And if enough of the businesses they lent money to file for bankruptcy, they could also be forced into bankruptcy. Lenders seem to be viewed by many as the bad guys, but they are not.
As tophcfa states, in financial transactions, there are always two sides, two opposing viewpoints, one the buyer/renter/borrower, and two the seller/landlord/lender. Borrowing money is the same as renting money, there is a monthly rental payment due. Buyers/renters and sellers/borrowers always have the opposite view.

The financial issue is always economic stability, the more the better, the less, the more difficult. The villages corp is in the same position as many, many other commercial real estate management companies. FirstCitizens bank and the state and county governments are also in the same position as many other banks, urban state and county governments around the country.

I am eager to see how the villages corp handles the retail situations. . . will they adapt and have a quick recovery? or be rigid, and have a hard time bouncing back. We are somewhat dependent on their choices. . . . a trade off we ALL made for the location and the amenities. . .

sportsguy