Talk of The Villages Florida - View Single Post - It's Time to Roll Back the 25% Sumter County Tax Increase!
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Old 12-29-2020, 03:19 PM
Advogado Advogado is offline
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Quote:
Originally Posted by biker1 View Post
I know, it was a thinly veiled attempt to find out if Avogadro actually knows any real numbers or is just spouting a bunch of qualitative nonsense. I agree with you that if the number is relatively small, say less than 10K, it can be passed through to the buyers without issue as they don’t seem to have any problems selling every house they can build. You have an idea what the real number is ? I couldn’t begin to guess without spending a bunch of time.
Concrete numbers will need to await the outcome of an impact study of the cost of non-road infrastructure necessitated by the massive expansion of The Villages. I have never claimed to have the numbers resulting from imposition of a non-sweetheart impact fee, and I don't think that they yet exist.

With respect to the question of how much of an increased impact fee the Developer will be able to pass on to new home buyers, I don't know and don't particularly care. I will point out though that IF the Developer could pass on your theoretical 10K impact to buyers without reducing sales and profits, he would have already increased his prices by 10K-- or he should fire his CFO for leaving money on the table. In any event, with an appropriate impact fee (whether or not it is all passed on to new-home buyers), you and I, the current residents, will not be paying for the new infrastructure.