We live fulltime in The Villages, and it is a concern of ours. If the decision were to go against The Villages, and the bonds were required to be re-issued as taxable bonds, I think it could prove quite costly to Villagers. There are those who disagree with me. We really don't have a handle on what the impact will be to the residents. In any event, it has kept us from upgrading our house. I look at a house as an investment, and if I'm not sure I can get the bulk of my money back, I'm not going to put a lot of money into a home.
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