Quote:
Originally Posted by Indydealmaker
All of the infrastructure costs in Lake County must then be built into the sales price. That makes development much more costly in Lake County as the developer must front that cost prior to the first sale.
Many developers fund that infrastructure with cash flow from sales which often results in home owners left holding the bag with unfinished streets, pools, rec centers, etc. as a result of a bankrupt developer.
|
Interesting. Thanks Steve. And of course the new Villages of Osceola Hills and Belle something are in Fruitland park, Lake County.