I know of a retirement community in another state with 3 month rental requirements. attracts few snowbirds. They started building in 1995 and by most accounts it is successful and a great place to live. Well managed. However, they still did not sell out the total of just 8,200 homes. About 900 to go. Selling about 100 new homes a year. Values declined after 2007 and still have not picked up . Home on a golf course is about $130-150 sf. Same home here about $200-250 sf. This is not in the middle of nowhere. It is about 12 miles from Hilton Head Island and 20 miles from Savannah, Ga.
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