Quote:
Originally Posted by DAVES
Not at all so. Cost of homes actually has gone up throughout the nation. Perhaps, more so in Florida. My point. Assuming you lived up north and wish to return. You can sell your home in the Villages for more than you paid for it and buy a northern home, similar to what you had. You will not only sell your villages home for more than you paid for it but the northern home will cost you more than your sold yours for..
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That would depend on one's financial situation. Maybe some people moved because the cash equity in their paid off
sold home where they lived for 40, 50 or 60 years allowed them to downsize and move here or in similar places because the cost of the home & taxes here was less and the C of L (that comparison chart is way off the mark for many reasons) was less. Taxes for example. Taxes up north can easily be $12-$15,000 and more a year on a small home and down here under $2,000. That's $10,000-$13,000/yr pocket money plus the equity from the sold home in the bank and have no mortgage. Maybe a spouse retired and had little or no pension and couldn't handle the cold winters. One has to realize there are a lot of people down here with a lot of money who can buy 6 homes or move every 7 months as well as a lot of people with just enough money to get by comfortably by THEIR standards for the rest of their lives on SS and a small pension with the equity in their bank accounts.. Everyone doesn't live in $600,000 homes here. There are lots of homes that were between $150-$175K (INC bond if any) 4-5 years ago and even selling those homes for $250K won't get you a life back where some came from where most everything now cost $500-600K plus $15K in taxes along with insurance and utilities 50% higher than here. It really isn't as simple as sell and move back where you came from depending on one's current life situation. Maybe for some but not for all so "if you don't like it, MOVE" may be easy to say but not easy to do.