Talk of The Villages Florida - View Single Post - New Home Gouging?
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Old 10-31-2013, 07:55 PM
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Quote:
Originally Posted by Villages Kahuna View Post
Frankly, I doubt that the developer has increased their target profit margins. They've remained at about 27% for a long time.
Now I see why the Morse's are multi-billionaires. If you take the average of the current house sale prices, $200k x 300 sales per month thats $15 million a month profit. But to that aspect, I say good for them! They had the vision, took the risks, and are now reaping the benefits for their hard work.
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