Quote:
Originally Posted by OrangeBlossomBaby
And the new buyers of new properties reimburse the developer. The developer never ACTUALLY has to pay a dime.
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Actually that is for residential development. For commercial development it will be passed onto the consumer through higher prices on goods and services. If the taxes are too high then maybe a commercial development is not done which will make the current crowding in restaurants, stores, golf courses, and other commercial properties seem like nothing. And before you say it, the Villages developer is not the only one developing commercial properties, look at 466a.
Unfortunately there is no free lunch, someone has to pay.