[Chellybean]

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO

[HappyTraveler]

Originally Posted by Chellybean

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO

Seems to me that all of your assertions are purely speculative.

So, as they used to say in NYC back in the day -- that and a token will get you on the subway.

[VAtoFLA]

Originally Posted by Chellybean

think about it folks?
If there sell OFF there assets that tells me they are bleeding money at a fast rate and the new constructed homes are smaller lots, driveways and questionable construction.
this is not what was built north of 44. you don't have to be a genius to see they might of gotten to greedy this time around?
JMHO

You need to back up the construction part with some facts if you have any. The construction seems fine. Had an inspector in here just yesterday. Lot size bigger than the resale CYV we were looking at in Pennecamp.

I think you're jumping to conclusions about what selling assets means to a business and then from there what it must mean to its other business channels.

[asianthree]

Sometimes one needs to travel farther than 466 to see what the future holds. Instead of just reading stuff online

[Chellybean]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

[Kenswing]

Originally Posted by Chellybean

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

Maybe the current generation is cashing in before handing it over to the next generation. But does it really matter? Other people’s finances are none of my business.

[dewilson58]

Originally Posted by Chellybean

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

Because they are DEVELOPERS.
They develop land and then sell.

Since TV did not have critical mass for an independent entity to invest.
They needed a water system,
They needed a bank to help finance homes.
They needed a hospital to care for homeowners.
They needed a local insurance agency.

Soon, they will probably sell off the golf courses.
Soon, they will sell off Town Squares.
Soon, they will sell off the golf cart stores / shops.

Develop land, sell and either move on or develop more.

[Stu from NYC]

I do not think the Morse's will need us to organize a fund raiser in their behalf but interesting as to what is really going on.

[Marathon Man]

Originally Posted by Chellybean

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

Why? Why should we be asking ourselves this? I seriously do not care.

[CarlR33]

Originally Posted by Stu from NYC

I do not think the Morse's will need us to organize a fund raiser in their behalf but interesting as to what is really going on.

Or a GoFundMe page.

[vintageogauge]

Originally Posted by dewilson58

Because they are DEVELOPERS.
They develop land and then sell.

Since TV did not have critical mass for an independent entity to invest.
They needed a water system,
They needed a bank to help finance homes.
They needed a hospital to care for homeowners.
They needed a local insurance agency.

Soon, they will probably sell off the golf courses.
Soon, they will sell off Town Squares.
Soon, they will sell off the golf cart stores / shops.

Develop land, sell and either move on or develop more.

Yes, and they own a ton of industrial zoned land now which will most likely be their next large endeavor.

[Chellybean]

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

[Kenswing]

Originally Posted by Chellybean

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

I'm still trying to figure out why we should ALL be asking ourselves this? Unless someone is part of these transactions it's none of their business.

[jimbomaybe]

Originally Posted by Kenswing

I'm still trying to figure out why we should ALL be asking ourselves this? Unless someone is part of these transactions it's none of their business.

If the business model is failing you should be concerned

[golfing eagles]

Originally Posted by Chellybean

The Questions everyone should be asking themselves is why are they selling off a lot of there assets? Banks, hospitals, etc... and now the millions of dollars of Medicare fraud, HMMMMMMMM
Did they over extend themselves?

What Medicare "fraud" would that be. I haven't seen any charge of fraud by CMS or the DOJ, has anyone? Or is that just another uninformed, unsubstantiated opinion?