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Originally Posted by charlieo1126@gmail.com
I’ve own 14 new homes , I would never put more then 20% down even if I planned on staying in a house , use the money for whatever else you choose, let the house go up in value even during a downtime your house will eventually turn a profit.
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I agree. I read somewhere that since 1985 property values in The Villages have never gone down. Even during the worse downturns and recessions they held their own. I doubt that we're going to see property values drop in the near future. If they were going tho, they would have by now. What real estate is doing in the rest of the country has very little to do with what prices do here.
It's not just inflation, it's supply and demand. It seems that The Villages cannot keep up with the demand. With the baby boomers coming to retirement age, that's not going to change.
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