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Originally Posted by GoRedSox!
The market may be normalizing, but is still amazingly resilient for a housing market with a 7.44% 30-year mortgage interest rate. No one could expect the pandemic market to continue once we were no longer in what is considered a pandemic.
The thing that strikes me is the sheer magnitude of what The Villages is doing down south. There is land cleared and construction going on right now seemingly for as far as the eye can see. The amount of construction is mind-boggling. It does not appear that The Villages is holding back or slowing down. I am amazed every time I go down there.
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I wonder where all the medical services and doctors will come from? That’s the biggest negative living in TV for me: the lack of adequate or competent medical care. It’s glaringly obvious as I had to even change my insurance because the offices I went to could not find doctors or keep them. When I finally got a primary care physician he ended up leaving a few months later and that’s when I switched. The new insurance isn’t much better but at least my new doctor has been there for a year.
This is one aspect of TV lifestyle that the developers didn’t think of or chose to ignore. Even if we are all “active adults” we are still entering a stage in our lives when we will need more medical care, not less. The way they are building, TV might soon be looking at 200,000 residents, the majority of them over 55. Will there be enough hospitals, rehab and after-care facilities, nurses, doctors, therapists etc. to handle the demand? I highly doubt it. You’d be hard pressed to find that many doctors/surgeons/nurses enthusiastic about providing geriatric care or living in Central Florida to make it work. The system is already broken and will continue to get worse.