Re: Real Estate Prices with excess supply
Union....don't know if I would equate rentals in Villages with spec investors. Many people buy homes here several years in advance of retirement and rent it out in the interim to cover expenses until they move here more permanently. Also, purchasing (new) requires a 20% down payment which will scare off pure speculators. TV IS much more renter friendly than most developments, I believe. I had looked at Solivita and they put restrictions on rentals...had to be a minimum of 6 months.
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Maryland (DC Suburbs) - first 51 years
The Villages - next 51 years
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