Talk of The Villages Florida - View Single Post - lowering tv avg age ?
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Old 10-16-2020, 04:26 PM
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Quote:
Originally Posted by OrangeBlossomBaby View Post
I don't think there's any reason why the Developer would HAVE to maintain this as a 55+ restricted community. As far as I understand, they only have to abide by the 80% rule IF they want it to continue to be a 55+ restricted community. If they don't care who lives in it anymore, they could just - not advertise it as a 55+ community anymore, and lose whatever benefits they get for having the 55+ community.
Whatever benefits the developer gets is BECAUSE this place is extremely successful by any measure.
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Last edited by graciegirl; 10-16-2020 at 07:55 PM.