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Originally Posted by manaboutown
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Good question and I’m glad you used the word “guess” because that is all ANYONE has. I am a former realtor and have a chartered financial consultant degree with thirty five years of financial services experience and, having said that, I have no idea how to answer your question. What I do know is I cannot today buy a home in TV, or pretty much anywhere else, at 2012 prices or even 2020 prices. I also cannot knowingly, today, buy a home at 2022, (23, 24 and on and on) prices. House prices tend to rise over time, though sometimes with temporary fallbacks. When I first began pricing houses in TV in 2009, I could have bought a lot of homes for a third the price they might sell for today. Of course there are hundreds of securities I could have purchased then that would be worth three times as much and more with a lot lower cost of ownership. Another thing I know is I am a leading baby boomer at 75, meaning the median boomer is 65 and the youngest is 55. That means there are still many millions of current and future retirees that are in the target market for The Villages. As more and more people move to TV it means more and more people who call, write, or go home and tell their friends, family, and ex coworkers how wonderful The Villages is (it seems the majority of people I meet who are relatively new residents say they came because a friend or family member invited them down and they fell in love). All that means nothing except to say, all we can deal with is today - no one knows or is guaranteed tomorrow so house prices are exactly what they are right now!