
12-21-2022, 06:56 PM
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Sage
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Join Date: Mar 2018
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Quote:
Originally Posted by BrianL99
31% of the Population in FL is under 25 Years old ... unlikely home buyers.
61% are ages 25 - 74. Home buying age and potential buyers.
19% are ages 55 - 74.
Your available population (market) for age restricted housing, is 1/3 of all available buyers.
All things being equal, as you reduce your available market, prices decrease.
This is true in most areas, but I know of a specific example in Trinity, about 20 miles North of Tampa. Side by side, comparable sub-divisions. 1 age restricted, one not. The "premium" to buy in the non-age restricted sub-division is about 15%.
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Note......I still don't understand the 2 nd sentence in your post # 192 ?????
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