Quote:
Originally Posted by BrianL99
With a positive 30 year track record, I don't think a year or 2 of adverse conditions is going to seriously impact marketability. Look at down south as an example. It took something like 5 years to build the bridge the Developer "promised" and they're still waiting for their 1st real Town Square and only have 1 Championship golf course.. Folks bought into the promises and still are.
You can be sure the Developer is attuned to social media and the marketplace in general. The Developer may be many things, but the family is not stupid and they're not going to allow their assets and investments to be devalued.
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I should have been more clear about my concern. I agree with you in that the developer will do what needs to be done to keep selling new houses in new villages. What I meant to express was a question on how deteriorating conditions in the established areas, where most of the courses are, might negatively impact the values, say, north of 44, or between the 6s.
As ownership of the executive courses turns over from the developer to the districts, their maintenance becomes the property owners' responsibility. As the next decade goes by, and those of us in the older established villages age, and maybe age out of TV, we will be more and more in competition with the new developments. If our amenities look old and untended, be they rec centers, pools, golf courses, landscaping etc. we will lose that competition, and badly.