Why TV might have accelerated development

[CoachKandSportsguy]

Through various media and other reports, TV development is planning their growth on the future retirement demand of the US residents. . general concept, not to be nit picked. .

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here. :22yikes:

[Normal]

Through various media and other reports, TV development is planning their growth on the future retirement demand of the US residents. . general concept, not to be nit picked. .

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here. :22yikes:

Just keep in mind, retirement also almost always means affordability and a more fixed income crowd.

It means property taxes, insurance and cost of living all are major factors.

The latest inflation wave has caused some to put off retirement. In some cases here, retirees right here in the Villages have been forced to return to work.

[Altavia]

Just keep in mind, retirement also almost always means affordability and a more fixed income crowd.

It means property taxes, insurance and cost of living all are major factors.

The latest inflation wave has caused some to put off retirement. In some cases here, retirees right here in the Villages have been forced to return to work.

There are lower cost places to live.

More than 10,000 people retiring per day, they only need to attract 7 of those to the Villages.

[Altavia]

Through various media and other reports, TV development is planning their growth on the future retirement demand of the US residents. . general concept, not to be nit picked. .

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here. :22yikes:

Bingo!

[Stu from NYC]

There are lower cost places to live.

More than 10,000 people retiring per day, they only need to attract 7 of those to the Villages.

Can we make those 7 fill out a form promising to behave once they get here? Asking for a friend.

[Topspinmo]

Can we make those 7 fill out a form promising to behave once they get here? Asking for a friend.

So you think following following rules are priority when buying in villages. I bet it’s at bottom of priorities. Cash being number one….:)

[BrianL99]

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here. :22yikes:

There is a huge funnel, west of NY & east of Oregon/Washington, that sends non-coastal people, to the inland areas of Florida. Affordability is key and distance from the ocean drives affordability. Folks living in the "funnel" don't care so much about being on the coast and mid-Florida suits them just fine.

Folks from coastal areas of the country, are flocking to the Tampa/Sarasota/Ft. Meyers/Naples area.

[Altavia]

Can we make those 7 fill out a form promising to behave once they get here? Asking for a friend.

If they drink the coolaid, that won't be necessary.

[rsmurano]

I heard that the majority of folks moving here (80%) pay cash for their home that’s why homes are still selling here even when interest rates are higher. IMO, paying cash for a home here is not a big deal for most people coming from NYC/LA/San Francisco, because our home prices here are a rounding error for the price they just sold their home for.
Personally I’d like to see our home prices be double what they are now (our prices are fairly cheap for a home compared to most other cities except for rural areas) to keep our standard of living higher so you know if a person moves here they can afford to maintain their house.

There are hundreds/thousands of 55+ communities in the country, but right now and for the foreseeable future, we have a mass exodus from a lot of these states to Florida, Tennessee, and other states so there won’t be any problem getting new people to move here for many more years.

[Markus]

Many are retiring early because of layoffs as well. When you get to your early 60s good luck finding a good full time job in your skillset. I am finding that the case.

[CoachKandSportsguy]

Many are retiring early because of layoffs as well. When you get to your early 60s good luck finding a good full time job in your skillset. I am finding that the case.

very difficult for sure. Certainly known a few who did, but then found the age gap, managing very young people, too difficult with the completely different values system. They were happy finding very fulfilling jobs in other positions: mostly part time or part of the year, people i have met switched into:

self employed custom construction installer, coffee roastmaster, rv driver for his wife, accountant, estate tax preparer for H&RBlock, temp consultant with a specialty,

ageism discrimination is real, but also understandable in today's rapidly changing world. Same reason why Belicheck sin't getting a job either.

[Teed_Off]

Covid provided a lot of people access to an early inheritance.

[Toymeister]

The peak birth year for babyboomers is not 1946, it is 1957.

When you track this it is easy to understand why there is a building boom. Factor in some understanding that retirees for the most part do not move imediately after retirement and it is easy to forcast several years of growth. And of course the birth numbers for the years following 1957 don't marketly drop...

[La lamy]

A friend mentioned that it's great they are building to accommodate all the boomers retiring, but will this glut of homes be needed or afforded by the next generations?

[Steve]

I heard that the majority of folks moving here (80%) pay cash for their home that’s why homes are still selling here even when interest rates are higher. IMO, paying cash for a home here is not a big deal for most people coming from NYC/LA/San Francisco, because our home prices here are a rounding error for the price they just sold their home for.
Personally I’d like to see our home prices be double what they are now (our prices are fairly cheap for a home compared to most other cities except for rural areas) to keep our standard of living higher so you know if a person moves here they can afford to maintain their house.

There are hundreds/thousands of 55+ communities in the country, but right now and for the foreseeable future, we have a mass exodus from a lot of these states to Florida, Tennessee, and other states so there won’t be any problem getting new people to move here for many more years.

Harold Schwartz's original plan for The Villages was to be able to live a millionaire lifestyle without being a millionaire and he achieved it for many years. Nowadays, if you don't have that mill in the bank just move on!

[Stu from NYC]

A friend mentioned that it's great they are building to accommodate all the boomers retiring, but will this glut of homes be needed or afforded by the next generations?

If they cannot sell at current price levels they will build accordingly to the market.

[John&ShannonWilliams]

My wife and I are closing on our new home in Lake Denham this Friday (and closing on our house here in TN the following Friday), and we both plan to continue working.
I work remotely from home, so I can setup my office anywhere. My wife retires from teaching in the state of Georgia at the end of the school year and is hoping to find a position in one of the charter elementary or middle schools.
We look forward to being able to work AND enjoy the active lifestyle.

Oh, and yes, we are well behaved….except on the Pickleball courts. ������

[BlackHarley]

My kids have zero interest in TV lifestyle. Their generation thinks different from us.

[Altavia]

My kids have zero interest in TV lifestyle. Their generation thinks different from us.

Our's love it here; sports, recreation, pools, golf carts, squares and active parents.

Beach's and theme parks 1-2 mi away. Concerts/night life in Orlando/Tampa.

Their in-laws sit on the couch and watch TV all day.

[Jayhawk]

A friend mentioned that it's great they are building to accommodate all the boomers retiring, but will this glut of homes be needed or afforded by the next generations?

I don't know your friend, but given the choice, I'd bet on the developer knowing what they are doing.

[JMintzer]

My kids have zero interest in TV lifestyle. Their generation thinks different from us.

I never thought I'd buy in TV either...

Yet, here I am...

[JMintzer]

A friend mentioned that it's great they are building to accommodate all the boomers retiring, but will this glut of homes be needed or afforded by the next generations?

Needed? The following generations are just as big and getting bigger...

Afforded? That is yet to be determined...

[CoachKandSportsguy]

I am surprised that more 60+ haven't moved here while WFH (Working from Home) in the technology age. TV with Orlando airport very close, WFH with a few quarterly trips back to the mother ship would make the transition easier and able to determine if one really likes the lifestyle while still being able to afford to move with an income. . .

However, I am sure that I am actually totally ignorant as when we are down, and we have been working from home, we didn't leave home much to meet many other people who may be WFH and living the TV lifestyle..

[JMintzer]

I am surprised that more 60+ haven't moved here while WFH (Working from Home) in the technology age. TV with Orlando airport very close, WFH with a few quarterly trips back to the mother ship would make the transition easier and able to determine if one really likes the lifestyle while still being able to afford to move with an income. . .

However, I am sure that I am actually totally ignorant as when we are down, and we have been working from home, we didn't leave home much to meet many other people who may be WFH and living the TV lifestyle..

I wish I could have done that, but my practice does not lend itself to Telemedicine...

But, on the positive side, I've sold my practice and my contract requires me to continue working for only one more year, with a VERY liberal vacation policy (pretty much what I've been doing the last 3 years)...

[Stu from NYC]

I wish I could have done that, but my practice does not lend itself to Telemedicine...

But, on the positive side, I've sold my practice and my contract requires me to continue working for only one more year, with a VERY liberal vacation policy (pretty much what I've been doing the last 3 years)...

So your customers cant watch one and than do one?

[CoachKandSportsguy]

I wish I could have done that, but my practice does not lend itself to Telemedicine...

But, on the positive side, I've sold my practice and my contract requires me to continue working for only one more year, with a VERY liberal vacation policy (pretty much what I've been doing the last 3 years)...

Congratulations! And how's that foot recovery? am assuming perfectly well given the patient doctor relationship. . .

[Randall55]

So your customers cant watch one and than do one?Put a how-to on YouTube. You may rake in a tremendous amount of money. From what I've seen, people will attempt ANYTHING. Foot surgery can't be that complicated, right? :)

[Goldwingnut]

Harold Schwartz's original plan for The Villages was to be able to live a millionaire lifestyle without being a millionaire and he achieved it for many years. Nowadays, if you don't have that mill in the bank just move on!

35 years ago when Mr. Schwartz made that statement a million dollars had a different relative value than what it has today. Then, a million dollars was 10x the value of your home and 100x the cost of a car. Today, a million dollars is 3x or 2x or even less the value of your home, and a new car 8-10x is not uncommon.

To have a million dollars today is not uncommon nor hard to accomplish with a little planning, self control, and some even moderately wise investment. I would not consider someone “rich” who has a million dollars, more a prudent planner who prepared for their future retirement. Being a millionaire means having a net worth of over a million dollars, if you would you working life home that you lived in for 20 or 30 years and invested it in your retirement home you’re likely half way there, a 401K or IRA with another 500K can easily support a moderate lifestyle for many years to come, you’re a millionaire.

[gatorbill1]

D R Horton is loaded with cash and looking to make purchases I was told.

[Papa_lecki]

My kids have zero interest in TV lifestyle. Their generation thinks different from us.

Wow, my kids and our nieces and nephews (all in the 20s and 30s) love coming down.
They are active, love to golf, swim, etc.

[dewilson58]

35 years ago when Mr. Schwartz made that statement a million dollars had a different relative value than what it has today. Then, a million dollars was 10x the value of your home and 100x the cost of a car. Today, a million dollars is 3x or 2x or even less the value of your home, and a new car 8-10x is not uncommon.

To have a million dollars today is not uncommon nor hard to accomplish with a little planning, self control, and some even moderately wise investment. I would not consider someone “rich” who has a million dollars, more a prudent planner who prepared for their future retirement. Being a millionaire means having a net worth of over a million dollars, if you would you working life home that you lived in for 20 or 30 years and invested it in your retirement home you’re likely half way there, a 401K or IRA with another 500K can easily support a moderate lifestyle for many years to come, you’re a millionaire.

Now you are sounding like a finance guy.

:beer3:

[Stu from NYC]

Put a how-to on YouTube. You may rake in a tremendous amount of money. From what I've seen, people will attempt ANYTHING. Foot surgery can't be that complicated, right? :)

Wow watch a video and put up a sign. Do we need ARC approval for the sign?

Last week went to dermatologist for a cist on a toe. Basically took out a pin and made me into a pinata. How hard is it to do it to someone else just need a way to hold them down.

[Snakster66]

My wife and I are closing on our new home in Lake Denham this Friday (and closing on our house here in TN the following Friday), and we both plan to continue working.
I work remotely from home, so I can setup my office anywhere. My wife retires from teaching in the state of Georgia at the end of the school year and is hoping to find a position in one of the charter elementary or middle schools.
We look forward to being able to work AND enjoy the active lifestyle.

Oh, and yes, we are well behaved….except on the Pickleball courts. ������

Go Big Orange

[JMintzer]

So your customers cant watch one and than do one?

You forgot, "then teach one"... :icon_wink:

[JMintzer]

Congratulations! And how's that foot recovery? am assuming perfectly well given the patient doctor relationship. . .

Thanks!

And it's all better... Thanks for asking...

Not withstanding the fact that my patient didn't want to follow instructions... :p

[JMintzer]

Put a how-to on YouTube. You may rake in a tremendous amount of money. From what I've seen, people will attempt ANYTHING. Foot surgery can't be that complicated, right? :)

https://i.makeagif.com/media/6-05-2016/sUsBvq.gif

[Dusty_Star]

35 years ago when Mr. Schwartz made that statement a million dollars had a different relative value than what it has today. Then, a million dollars was 10x the value of your home and 100x the cost of a car.

So a Harold Schwartz millionaire today is a 3 - 5 millions millionaire given 300 - 500 price of houses & 30 - 50 price of cars? Of course some can spend more on houses & cars but then they'd need 7 - 10 millions.

[Stu from NYC]

You forgot, "then teach one"... :icon_wink:

Can we watch and teach at same time for efficiency sake?

[JMintzer]

Can we watch and teach at same time for efficiency sake?

Sorry... I don't make the rules... :loco:

[Laker14]

I wish I could have done that, but my practice does not lend itself to Telemedicine...

But, on the positive side, I've sold my practice and my contract requires me to continue working for only one more year, with a VERY liberal vacation policy (pretty much what I've been doing the last 3 years)...

Congratulations! When is your year up?

[CoachKandSportsguy]

Not withstanding the fact that my patient didn't want to follow instructions... :p

We never do!

:bigbow:

[Stu from NYC]

We never do!

:bigbow:

We know better or at least we think we do.

[JMintzer]

Congratulations! When is your year up?

321 days... Not that I'm counting... :D

At that point, I can keep working part time, if I want (and if they still want me to stay). Maybe 3 days a week, with a month off, 3-4 times a year, until we tie things up on the house up here...

We're planning on selling our home and buying a small condo near the kids, so we'll have a base when we visit them...

[Laker14]

321 days... Not that I'm counting... :D

At that point, I can keep working part time, if I want (and if they still want me to stay). Maybe 3 days a week, with a month off, 3-4 times a year, until we tie things up on the house up here...

We're planning on selling our home and buying a small condo near the kids, so we'll have a base when we visit them...

When I sold my dental practice in Sept. '15, I worked 2 half-days for 6 months. I will be retired 8 years this month. Wow, did that 8 years go by quickly! She offered to pay for my licenses and continuing ed if I'd keep working. I had to tell her there was no way I'd work enough to make that worth her money. Retirement is grand. The only teeth I have to touch are my own.

[manaboutown]

Having the magic million dollar anecdotal scorecard being batted around aroused my curiosity. After graduating college I started my first full time job in 1965. Shortly thereafter I picked up William Nickerson's "How I turned $1,000 into $1,000,000 in Real Estate in my Spare Time" which was originally published in 1959. Anyway, at that time a million dollars seemed like a lot to me. The book along with some other factors did inspire me to invest in real estate as I truly did wish to become financially comfortable.

Moving forward, I just checked. $1M in 1965 is about $10M in today's dollars. Inflation has done that.
$1,000,000 in 1965 → 2024 | Inflation Calculator (https://www.in2013dollars.com/us/inflation/1965?amount=1000000)

[Normal]

Having the magic million dollar anecdotal scorecard being batted around aroused my curiosity. After graduating college I started my first full time job in 1965. Shortly thereafter I picked up William Nickerson's "How I turned $1,000 into $1,000,000 in Real Estate in my Spare Time" which was originally published in 1959. Anyway, at that time a million dollars seemed like a lot to me. The book along with some other factors did inspire me to invest in real estate as I truly did wish to become financially comfortable.

Moving forward, I just checked. $1M in 1965 is about $10M in today's dollars. Inflation has done that.
$1,000,000 in 1965 → 2024 | Inflation Calculator (https://www.in2013dollars.com/us/inflation/1965?amount=1000000)

From 2020 to 2024 a dollar changed to the cost of 1.19.