Talk of The Villages Florida - View Single Post - Multiple home owners
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Old 02-22-2012, 10:37 PM
kentucky blue kentucky blue is offline
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Quote:
Originally Posted by shcisamax View Post
Nitehawk: I am about to move to TV and, I have to say, everyone seems pretty friendly to me. I get your point that investment properties bring in people who are not vested in the culture per se but I think with the exponential growth, there are enough people moving to TV and making it their principal residence that it will keep the friendliness coming. I sure hope so
Before i purchased my home in TV,i walked my entire neighborhood and found no rentals,the pride of homeownership was a key for me. With the current economy i don't believe many are still buying homes as investments. All the cost incurred in owning rental homes in TV,and with little or no appreciation in home values,it just doesn't make financial sense.So i think you will be seeing fewer houses for rent in the future,with the villas as the main source of rental properties for the visitors.The current trend seems to be buying a principal residence with the pride of homeownership as the only objective, thus,there will be no rental property community in TV future.