Talk of The Villages Florida - View Single Post - The Prices Of Homes Are C R A Z Y !
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Old 06-29-2021, 09:15 PM
vintageogauge vintageogauge is offline
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Quote:
Originally Posted by Penglobal View Post
As previously stated, the 21K lease for the entire year includes all utilities, all taxes, all maintenance, all Villages fees, all bond money, lawn maintenance, all miscellaneous fees and the ability to live in a brand new never lived-in house and the ability to move-in and purchase the exact home when I want. Most importantly, at my age of 63, I can rent here in The Villages until I turn 336 years old () before I run out of money, so I feel relatively safe that I will not out-live my money.
What does never running out of money have to do with the cost of homes. There are thousands of independently wealthy people here that will never run out of money. The fact is by renting you are losing the opportunity to actually make money on your investment and basically live free. When you rent you can't improve your home, you have to abide by the terms of your lease. We purchased our home 4 years ago and with the appreciated value of our home we have lived here free and still made a six figure profit.