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Originally Posted by Michael 61
Here’s my understanding (and please correct me if I’m wrong) - Middleton is being built for the families of people who work within the confines of The Villages. It is not open to families where both parents work outside of The Villages. Though there are some decent paying jobs for workers within The Villages, I would guess most service-level workers within The Villages do not earn enough to qualify to secure and make the necessary mortgage payments to live in Middleton. Those earning minimum or slightly above minimum wage will probably need to continue to rent at apartments slightly outside the bubble.
I am sure the developer did a lot of research into who would be their “target” buyer within Middleton, and thus building homes they feel will sell to this audience, I was just thinking that Middleton will only offer housing to just a certain segment of the overall Villages workforce. Curious what is the size of that segment?
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What if the person/s that own the house decide to no longer work for The Villages - will they have to sell ? Is there a time frame before "eviction" ? Do they get to set the selling price ? etc I thought I read somewhere anyone can buy in Middleton. It is simply removing the age restriction requirement. A good example is a grandparent as a custodian of a grandchild under 19 yrs old.