Quote:
Originally Posted by Geewiz
The bottom line is boomers are retiring. Money is virtually free. They are now able to sell their homes up north. The amount of homes here are finite. Hence, increased value. Will this bubble burst? Well, we will see it first with homes south of 466A - where lots are smaller and prices inflated. My guess is Fed policy will keep money cheap. Stuff can happen...a war...a hurricane...electronic trading bringing down the market (the market sours now because just holding onto money in Fed bonds or state bonds pays so little). I purchased right before prices went mad...I might have gotten the last of the builder give backs. So I sunk money into this place...5 palms...a pond and waterfall...lots of art work. Why - I wanted a nice crypt and a place my son could sell easy. Buy now.
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There's another point of view...that aging infrastructure, aging homes, and increasing numbers of current owners dying off will combine to depress demand for a home in TV.
I read this view in another thread in TOTV. That poster actually did not think there would be much, if any, price jump after build out.
Bottom line...nobody knows. If you want to buy and move into TV, do it because you want to...not as an investment. Let your kids worry about selling later!