Originally Posted by TNLAKEPANDA (Post 1089658)

YES... I agree totally. There is still lots of land around. As long as people are buying they will be building. We will be a mini LA :22yikes:

Originally Posted by janmcn (Post 1089650)

If this rumor turns out to be true, this would be huge news. This St Joe development has been on the books for several years. It will be copied after The Villages, but over one and a half times the size of TV with the population topping out at 165,000.

It sounds like a win-win situation for all. The Morses can use their expertise in building management and marketing, while St Joe already owns all the land and presumably will foot the bills.

Anybody looking for work in the housing market should head to the panhandle. This project is expected to take decades to complete. They also have the benefit from learning from The Villages' mistakes.

Originally Posted by upstate (Post 1073684)

What will happen to TV sales offices and the sales reps when the final phase is completed.

Originally Posted by VApeople (Post 1100085)

Probably most of the money from the bonds paid for the newer houses goes to keeping up the amenities and the golf courses. After the final houses are sold and the bonds are all paid off, they will have to increase taxes to pay for the amenities, or let the amenities deteriorate. Seems like common sense to me.