Quote:
Originally Posted by skippy05
The Villages will one day be on a severe decline, to the same extent as today it is on the severe incline. It is currently fueled by untold quantities of Baby Boomers who saved their entire life, invested, and many of whom have pensions. The next generations to come, almost none of that holds true. As the Boomers die off there were be no hoards of people in a financial position to do what the Boomers did and then tons of deceased Boomer's houses on the market with no one to buy. Ultimately, it will have to open up to non-55'ers to purchase to in order to get things sold and have someone to pay the ongoing fees and taxes.
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I disagree with most of this. Our kids have worked hard and saved hard. They have good jobs and nice houses, and one has a vacation home.
Plus when the Boomers are gone, their kids will have the houses and $ inheritance their Boomer parents left behind. Ours are going to split our two houses between them. It's not like we Boomers didn't have any kids so there will be nobody left behind to snap up these homes. Or the leftover money.