To add to Jim 9922's points about eventual sell-out:
One long term item we thought about before buying in TV was the potential reality down the road about the number of people who will financially be able to
afford to retire in the future. With so many companies getting out of offering defined pension plans and changing over to 401k plans, I have my doubts that in 5-10-20 (you pick a number) years, there will be proportionally fewer true retirees - most people will not be able to afford to not work. This might not bode well for the future value of homes in TV.
Not trying to be a doomsayer or anything - it's just a line of thinking and obviously predicated on several assumptions. Mirroring what Jim posted, we just said "Screw it!" and made the plunge about a year and a half ago. Who can really predict the future when it comes to things like that? We're doing what we feel is best for us.
Like Jim, we also have questions about the very long term value of the investment in a TV home. But we're not going to sit on the sidelines for that length of time to see what might or might not transpire!
Bill
