Talk of The Villages Florida - View Single Post - New Home Gouging?
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Old 11-01-2013, 06:42 AM
mickey100 mickey100 is offline
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Quote:
Originally Posted by ganative View Post
Let's not forget about the approximately 7 million a month in amenity fees taken in, I'm wouldn't be surprised if there's a couple of million a month profit there as well. Kudos to them for some wise choices. Plus all the side businesses....of geez. ......
Let's not forget they took the risks on the CDD bonds i.e. IRS business. Wonder if they are going to pay the fines/reissue the bonds, or are the residents going to get stuck with any penalties that accrue? Yes, as Villagers we're living the dream, but thanks to the developer's "business acumen" we may end up paying through the teeth for it. That may have a negative effect on home prices.

Last edited by mickey100; 11-01-2013 at 07:25 AM.