When I was in basic training in the Army, there was a fellow we nicknamed, "Arnie The Sweat." Every time he heard something, the first words out of his mouth were, "Is that a true rumor or a false one?" The developer owns the property - why can't he do to it as he sees fit? It doesn't surprise me that they are considering apartments. Right now, there is a boom in building Assisted Living and Independent Living facilities. Many homeowners are down-sizing as they get older. He sells Villas for people who don't want large homes or large areas of land to maintain. Many people over 65, who come from rented apartments and never had to worry about maintanence would like to live in The Villages. I view this as a smart business move. He's competing with all of the Independent Living Senior facilities that have sprung up and he has the advantage of Village's amenities.
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