Talk of The Villages Florida - View Single Post - What is your bond payment?
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Old 11-12-2024, 06:11 AM
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Quote:
Originally Posted by CoachKandSportsguy View Post
So where is your source of data to prove your assumptions of sales effect?, otherwise they are just another opinion. And if you have data, how did you attribute the customers which didn't look at the houses?
I think we'll find that no matter which side of the argument you are on over the impact of the bond on home sales here in The Villages it is all conjecture and opinion.

The bond amounts continue to rise and will likely always continue to rise. CDD15 phase 2 bonds are higher than the phase 1 bonds and CDD16's bonds next year will be even higher. All three are higher than cdd14, and those before CDD15. Inflation.

The only accurate way to assess if the bonds are truly increasing is to not look at the cost for the individual home but the cost per developed acre (the underlying factor), adjust it for inflation since issuance, and then compare it to the inflation and marked adjusted home cost in that area. I did this 5 years ago when I did my video on the bonds ( https://youtu.be/nGwf7AcmyEI?si=7zOHETbxY8DDnUSl ). What I found was that the adjusted cost per acre and the bond/home price ratio of the bond value actually decreased over a 15 year period.
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