Quote:
Originally Posted by darkim
Sad, but we knew it was coming. The Villages continued growth (down south) kills the housing market with a huge supply vs demand. The value of everyone's house goes down until they're done building.
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Actually in most retirement communities the value hasn’t gone up when the developer stops building rather real estate values have generally gone down at buildout. The Developer no longer “markets”the community and has moved on to develop elsewhere. As noted, this won’t happen in The Villages during our lifetime.
Inflation and high interest rates has caused a bit of “slow down” rather than building south of State Route 44.