Quote:
Originally Posted by Happydaz
It’s a fact. You wonder why they are building so many more apartments when these apartments aren’t popular with the consumer. What could be the reason? Could it be that you can buy a nice, low priced patio villa and have your car parked in your own garage right next to your own house and be able to bring your groceries in without getting wet or walking a long distance? Maybe older people would rather move from their house and then buy into assisted living and not burn through their equity with monthly rent?
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No one is forcing "older people" to rent/lease these apartments, so what is the problem? There are a whole lot of reasons some one would want to lease rather than purchase a home. Just because you don't want to means nothing to the individual that does. If the builder goofed and no one will rent the apartments what is the problem for the rest of us? There won't be any money out of our pockets. If they don't get leased out I would imagine they will be offered as condos.