Talk of The Villages Florida - View Single Post - The Villages: What is the right size?
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Old 10-04-2013, 08:31 PM
ilovetv ilovetv is offline
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Having bought and sold our homes in newer developments in the past, I'd say the time to stop building is clearly when the existing resale homes are not selling.

In this sense, it's good the developers have the majority of resale listings and sales, because if they're the ones doing the continued developing and building (which somebody else is sure to do if they did not), they can halt or suspend new construction according to how their resale listings are selling.

I think it's better to have the known recipe that works--TV doing the developing and building--than somebody else coming in for a couple of years, building cheaply built homes with few or no amenities that are affordable....and then leaving. I don't think TV developers are going anywhere because of the gold mine they have in owning all the commercial leased properties and a happy captive audience of consumers who don't want to leave town to shop, dine, exercise, attend classes, dance, play golf, etc. .