[GaryJPalys]

Is it just me, or are the new houses going up in Wildwood just ugly block houses?

[LuvtheVillages]

The homes being built in Wildwood are meant to provide affordable housing for the people who work here. Many are rental homes.

One of the tricks to build affordable homes is to make the home rectangular, so that the roof lines are uncomplicated. Another is to have uniformity, so that supplies can be bought in bulk and the trades people can duplicate from house to house. Another is to crowd the homes onto smaller lots. Economies of scale is the rule.

We need people to work here. They need a place to live that is close to their work. Not everyone can afford to buy a home in Middleton or in Oxford Oaks. These rentals fill a legitimate need in our area.

[JGibson]

Originally Posted by LuvtheVillages

The homes being built in Wildwood are meant to provide affordable housing for the people who work here. Many are rental homes.

One of the tricks to build affordable homes is to make the home rectangular, so that the roof lines are uncomplicated. Another is to have uniformity, so that supplies can be bought in bulk and the trades people can duplicate from house to house. Another is to crowd the homes onto smaller lots. Economies of scale is the rule.

We need people to work here. They need a place to live that is close to their work. Not everyone can afford to buy a home in Middleton or in Oxford Oaks. These rentals fill a legitimate need in our area.

Just curious, is working in TV a requirement to rent these homes.

[GaryJPalys]

Originally Posted by LuvtheVillages

The homes being built in Wildwood are meant to provide affordable housing for the people who work here. Many are rental homes.

One of the tricks to build affordable homes is to make the home rectangular, so that the roof lines are uncomplicated. Another is to have uniformity, so that supplies can be bought in bulk and the trades people can duplicate from house to house. Another is to crowd the homes onto smaller lots. Economies of scale is the rule.

We need people to work here. They need a place to live that is close to their work. Not everyone can afford to buy a home in Middleton or in Oxford Oaks. These rentals fill a legitimate need in our area.

Well these aren't rentals... They are new homes for sale on Zillow. But you're right, they are cookie cutter block homes with no pleasing esthetic qualities that are selling for dirt cheap money. Like you said, the building crews can go in and there are stockpiles of supplies, they build a house in a week and move on to the next one. Cheap community building for profit!

[CoachKandSportsguy]

Originally Posted by GaryJPalys

Cheap community building for profit!

if you do profit analysis properly, the least amount of profit are on small homes. They are also small and cheap as the economic workforce in rural FL is not exactly high end wages. . So be thankful that builders are willing to build low revenue, low profit houses for the needed service economy. .

be thankful for those who serve us and care for us. .

[LuvtheVillages]

Originally Posted by JGibson

Just curious, is working in TV a requirement to rent these homes.

Not a requirement.

You can rent or buy in Wildwood, or Fruitland Park, or Middleton, or actually anywhere. And you don't have to work in TV.

Perhaps you are thinking about the charter school. At least one parent needs to work for The Villages or for a related company, or a company leasing space in TV, in order for your child to attend the charter school. We are not talking about the charter school. We are talking about buying or renting a home.

[margaretmattson]

Originally Posted by CoachKandSportsguy

if you do profit analysis properly, the least amount of profit are on small homes. They are also small and cheap as the economic workforce in rural FL is not exactly high end wages. . So be thankful that builders are willing to build low revenue, low profit houses for the needed service economy. .

be thankful for those who serve us and care for us. .

Cities adhere to Federal and State requirements. I am not certain but I believe this development is part of the 40% rule. It is not a builder/developer decision. Even in in the Villages, home prices vary from affordable to over one million.

My relative's home was flooded during Hurricane Helena. She received pages of State and Fema guidelines and restrictions that she was required to follow. I learned of the 40% rule during this time. It did not apply in her situation but a few pages discussing were included.

[rsmurano]

Small homes cost less, so you don’t need to do an analysis on profits over a small investment vs a larger investment, the larger investment will make you more money if you apply the same % increase to both investments. For example, a small house costs $300k and the larger home costs $600k, if you apply say a 10% gain to both properties, 1 property is going to net you 2x as much. But in a down year, you will lose less money on the smaller investment.
As for aesthetics, TV build some pretty basic looking homes in a lot of areas, especially near the paths. There are some very nice looking smaller homes in TV, so I’m not saying all small homes are basic looking.

[Sparky99]

Concur.

[vintageogauge]

Home buyers have been complaining that they couldn't afford to buy a first home and now that developers have made prices affordable there are those complaining that they are cookie cutter homes. Geez.

[defrey12]

Originally Posted by GaryJPalys

Well these aren't rentals... They are new homes for sale on Zillow. But you're right, they are cookie cutter block homes with no pleasing esthetic qualities that are selling for dirt cheap money. Like you said, the building crews can go in and there are stockpiles of supplies, they build a house in a week and move on to the next one. Cheap community building for profit!

Ahhh...last time I checked, the purpose of being in business is to show a profit. Am I missing something?

[Bealman]

Originally Posted by defrey12

Ahhh...last time I checked, the purpose of being in business is to show a profit. Am I missing something?

Nope

[GaryJPalys]

Originally Posted by rsmurano

Small homes cost less, so you don’t need to do an analysis on profits over a small investment vs a larger investment, the larger investment will make you more money if you apply the same % increase to both investments. For example, a small house costs $300k and the larger home costs $600k, if you apply say a 10% gain to both properties, 1 property is going to net you 2x as much. But in a down year, you will lose less money on the smaller investment.
As for aesthetics, TV build some pretty basic looking homes in a lot of areas, especially near the paths. There are some very nice looking smaller homes in TV, so I’m not saying all small homes are basic looking.

Totally agree... I like most, and yeah, they probably look cookie cutter, and I don't mind that so much. I still want to move there in the spring, but what I'm seeing for new builds in Wildwood will certainly keep me out of Wildwood.

[DAVES]

Originally Posted by LuvtheVillages

The homes being built in Wildwood are meant to provide affordable housing for the people who work here. Many are rental homes.

One of the tricks to build affordable homes is to make the home rectangular, so that the roof lines are uncomplicated. Another is to have uniformity, so that supplies can be bought in bulk and the trades people can duplicate from house to house. Another is to crowd the homes onto smaller lots. Economies of scale is the rule.

We need people to work here. They need a place to live that is close to their work. Not everyone can afford to buy a home in Middleton or in Oxford Oaks. These rentals fill a legitimate need in our area.

Freedom of speech? It does not say need to have anything to say or any background to say it. Our parents were called the greatest generation. Will we be called the complaing generation? We seek PERFECT. PERFECT does not exist. For that matter ALL would not agree to what perfect is. THANKFUL-be thankful the inmates are not running this place.