Many people in The Villages have mortgages and could not afford a house now because of 7+ percent interest rates (double our rate in January 2022). Because this is such a desirable area, values go up. It’s happened since the beginning and of course nobody wants their values to remain the same as when they bought. I’m happy mine has gone up $100,000 since we bought and we probably couldn’t afford it at today’s prices and interest rates. Some retirees cannot afford to move here or need to buy a smaller home. That’s life. The same everywhere.
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