Quote:
Originally Posted by Advogado
Your home would have increased more if you were not competing with the Developer's artificially low new home prices, which you are subsidizing with your tax increase and the Developer's sweetheart impact fee. In addition, the Developer's sweetheart impact fee is garnering him hundreds of millions of dollars, which more than makes up for whatever higher property taxes he is now paying on his mostly vacant land and on the relatively small number of completed houses in his inventory.
Finally, you obviously never studied economics or ran a business if you think that a business can simply add increased costs to its prices without reducing sales and taking a profit hit. A reasonable impact fee will cut, but certainly not eliminate, the Developer's bottom line, which is why his puppets set the fee so low.
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Tired old record continues to play.
& wrong on so many items.
Every new home is in competition with a developers continued growth. This is true in every new housing development. Clueless if you did not know this when you purchased. If I cared, +10%/year is great. But I don't care, I'm not selling.
Impact fee is not a sweetheart deal. Any impact fee does not cost The Villages a dime. Doesn't matter if it's $900 or $1900 or $2900. In this market, The Villages can just pass the fee on.
Have you seen The Villages tax bill??.......No you haven't. Have I, yep. Millions of dollars out of their pockets paying their taxes. AGAIN, impact fee doesn't cost them a dime.
Economics...............again........clueless. The Villages have not met price pressures in any economic 101 model. To understand economic, you need to get well past 101 and a Google search.
