Quote:
Originally Posted by Indydealmaker
Gracie, It is currently in vogue to criminalize being wealthy. This whole brewhaw has started because the developer is spinning off various parts of the Villages and those parts are now going to be net income producing. WHAT A SURPRISE!
I think some of the posters are just as mad at themselves as they are the developer...they assumed certain free entertainments would continue ad infinitum.
If these features were that critical to their purchases, they should have performed their due diligence, however all too many did not even use an attorney at their closings. They depended upon the "goodwill" of their agents.
Maybe it is time to do now what they should have done back when; get in writing what will continue free and how it is to be paid for. This really is simple. It is just business and with 80,000 homes, almost any kind of entertainment can be very affordably acquired. There is no free lunch.
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Quote:
Originally Posted by billethkid
yes buying and selling homes/real estate is a business. no kidding!! Is it any different in anyone's mind than buying or selling through any other real estate company in the US?? Of course not.
Let's see, I do believe the developer has been out of "the business(es) north of 441. Some how they seem to have continued to exist.
Did you buy here because of the parades. Most of us did not.
Did you buy here because of the entertainmnent. Most of us did not.
Is it nice to have parades/entertainment? Of course for those who are hooked on it.....odds are this would represent a minority in TV.....which is still a sizeable number of people.
Every developer based community goes through a transition as the developer's build out approaches. There are always many amenities that are subsidized by developers which do in fact benefit residents but make no mistake these amenities are subsidized for marketing to the new sale.
Will the developer hang in here after the build out. Most likely. Why throw away the opportunity to continue to make significant profits selling the same homes over and over and over again.
Those entities the developer owns tha turn a health profit will continue to be held by them like the banks, the liquor stores, the real estate company, etc.
All the marketing driven stuff will be sold off to the insiders first like the newspaper was to the Markquards and the entertainment to the Vescos.
The other marketing driven entities will survive if a profitable venture.
No matter what is left it will still be a far and away better life style than is available in most retirement communities and cities of our size.
btk
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After all those depressing posts.................these two will now allow us to not worry anymore!
