Quote:
Originally Posted by GoRedSox!
The two greatest forces in free markets are supply and demand.
Focusing on the demand part of that equation, we have to look at the demographics of the country. 10,000 people turn 65 every day. The percentage of people who will be senior citizens continues to increase and will for many years to come. Millions and millions more retirees are on the way in the years to come. The demand side of this equation is going to be here for the premiere 55+ community in the country.
I don't think there is going to be any significant slowdown in the future. Unless there is another 2008 Great Recession, but that is unlikely.
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When looking at demand for a product, you do not merely look at potential buyers.They can provide a forecasted sales projection, but that is it.
You have to look at the supply and demand in the here and now. A slight downfall does not mean the market is crashing but it is a cause for concern. High-interest rates, extreme weather which includes hurricanes, lightening strikes, and excessive heat, the highest insurance rates in the country, limited medical, and the generation of baby boomers reaching the retirement age coming to a close, does not help the numbers.
But, no state income tax, a beautiful community, carefree lifestyle, low crime, and friendly neighbors helps the numbers.
What is going to happen? No one really knows. Simply, be careful of looking at the Villages through rose-colored glasses.