It is still a function of supply and demand. Yes people pay for the maintenance of the life style with the amenity fee. They buy into the life style when they buy a home. So far the demand for that life style has created a market that can support higher then normal Florida home prices. The new homes do not cause home prices to be higher. It is The Villages life style that is the root cause for that. If it was just new homes, why are new homes in the other Florida locations not higher then resale? As long as people like this way of living the price premium will continue regardless of new or resale.
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Life is to short to drink cheap wine.
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