Quote:
Originally Posted by Bill14564
If there are 70,000 homes in the Villages and if 40% of those had over $1M then that would be 28,000 out of 496,000 or about 6% of Florida millionaires live in the Villages.
Is that correct? I don't know, but it doesn't seem completely unreasonable.
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You are taking a percentage of two different facts and rationalizing it to one fact.
Here is my rationalization:
1 out of every 2 people is 50%.
1 out of every 3 people is 33%.
I stand on my beliefs. 39% would mean nearly every other person I meet here in the Villages is a millionaire. This has not been the case for me. Not in my neighborhood. Not in the clubs I attend. Not in large social gatherings. Not even close! 39% seems way off! Btw: I live in Hawkins where the cost of new home is over $400,000. Most people paid cash for their home after selling their Northern home and are living on monthly pensions and social security. Quite a few are still working.