Quote:
Originally Posted by murray607
I think an investment in a property in TV is a sound investment, perhaps not absolutely recession proof, but like any good investment there will be ups and downs in marketability but will any long time owner say their property is now worth less than they paid for it? I would say few, if any.
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There are people who bought in 2006 who might disagree with that. And since they were selling 400+ homes per month, there could be quite a few. I agree that the prices probably didn't drop as much as other places, such as Orlando and Naples, and they have recovered pretty well, although perhaps not up to 2006 levels.
If you like The Villages, and want to retire here, fine. If you're looking to make an investment for a profit, there are so many variables in the housing market, experts are saying that housing is a crummy investment.