Quote:
Originally Posted by Rainger99
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I think he does.
From your link.
What about the claim The Villages charges higher-than-average market rates for rent?
That’s another myth; that The Villages charges too much rent for businesses to be able to survive. Every business knows the terms of their lease before signing a contract, and has included that in their pro forma. Any rent escalations are defined from the outset and are either fixed or tied to the federal Consumer Price Index. So there are no surprises on either end. There are properties within The Villages that require higher rents than others, but also many properties in the community that we do not own charge higher rents than we do.