[MikeV]

Originally Posted by TNLAKEPANDA

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

Bite your tongue!

[Jima64]

Originally Posted by janmcn

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.

Normal warm summers vut the winters can see freezing temps regularly.

[VApeople]

Originally Posted by upstate

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

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.

[graciegirl]

Originally Posted by VApeople

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.

The bond we pay are for the infrastructure. We have monthly amenity fees of about $140 for the costs of running the place.