Talk of The Villages Florida - View Single Post - TV residents: 39% are millionaires
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Old 09-06-2023, 08:01 PM
MrChip72 MrChip72 is offline
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Quote:
Originally Posted by OrangeBlossomBaby View Post
Also most people who live here, bought their retirement home with the proceeds from their previous home. Which means most people here were homeowners, not renters, before they came here.
I'm not sure if that is completely accurate that most people bought with the proceeds of their previous home. In the South of 44 areas it feels like more the exception than the rule. I feel confident that more than 50% of the owners in the newer areas of TV that it's not their only home. Plenty of snowbirds, snowflakes, people buying a few years before retirement, etc.