Talk of The Villages Florida - View Single Post - How is "income" defined ?
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Old 08-27-2010, 08:24 AM
Ohiogirl Ohiogirl is offline
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I am not really sure from whence these statistics come. I don't remember offering such info when I bought 4 years ago, and even if they get it from Citizens Mortgage that would include only a fraction of buyers - many, many pay cash and many others use other banks/credit unions/mortgage companies for financing.

Anyone know where this info comes from? And I agree, many buy while still working, might be counting joint incomes, etc.