Caveat
I think that's true (Gracie's rules about flipping) but I think The Villages only figured that out after the fact. In 2005-2006 (I heard - strictly rumor from our realtor) that they did allow multiple purchases and flipping, but outlawed it in the closing documents after they figured out what was going on.
Nowadays, of course, no flipping. We think we are just lucky to have purchased in about the only place in Florida that did not lose money big time. We bought in 2006 and think if we had to sell, we would only lose a little, if any. But we are in the under $200,000 range. Higher, we would probably have to take a loss. But, since we have no intentions of selling, we feel just fine, and happy to be able to retire at all in this economy.
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