Quote:
Originally Posted by MNViking
It is right around 4% for current home.
@retiredguy123
As for spending time down there, at current 4-6 weeks, but Not sure I want to pay for a place 10 years now at those future costs with income becoming smaller as I will be retiring. Could also rent out if we chose.
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If you are only going to spend 4 to 6 weeks in The Villages, buying a house now would make no financial sense. No one knows what houses will cost 10 years from now. And renting out the house may not make any money at all. Buying a house in The Villages today is definitely not a surefire 10-year investment.