Quote:
Originally Posted by Shimpy
Isn't this the way the rest of the country operates? You buy a home and the price reflects what the markup is including what it costs to build it plus the infrastructure.'The Villages does it this way to make their homes seem low priced until you realize that you have a bond which normally would be included into the selling price.
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I don't know about the rest of the country. Where I came from the cost of the infrastructure was never included in the price of a house, as the infrastructure was almost 100 years old and the houses almost as old. We paid NYC taxes which paid for improvements to infrastructure. Considering what houses are going for in the neighborhood where I grew up ($600M to more than $2 million)
where the original asking price was $5,500 to $14,000, that would be a helluva markup. Real estate is different throughout the country.