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How they going to convince people to retire to Texas?
I just drove thru there and it smells like a gas station (talk about smelly gas carts!) . |
Some interesting observations but nothing that really surprises me or scares me (too much). The Villages is a big business and the Morse family are business people, out to maximize their profits. The days of a Harold walking around knowing and hugging everybody are over. That was back when the Villages was a modest manufactured home community. It is now a pretty fair sized city (approx 75,000) with more growth to come. The family's connection with local, state, and national politicians is another (unfortunate) given in today's business climate.
There have been several threads on TOTV about the future of TV after buildout is completed... can the lifestyle be sustained at a reasonable cost? What happens to the features and businesses that the Developer owns/runs? The nightly music, championship golf, movie theatres, Katie Belle's, entertainment events, parades, WVLG, Daily Sun etc. Those that are profitable will probably remain...those subsidized to help promote new home sales may go away or have to be taken over by resident-led organizations at a cost to the residents. It's really hard to tell. There are an awful lot of talented, smart, and resourceful people living in TV and working for the CDDs that I have faith will ensure a continued high level lifestyle. Many unknowns, some risks, not a lot of open communication from the Developer's family about the future....all can make one nervous. I think the next 6 years or so will be pretty much status quo of today...beyond that, it's a little fuzzy and you gotta have some faith in our people and the (CDD) government infrastructure that has been put into place. |
I guess what bothers me is that the family that runs the place has said nothing about any of this. Why?
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If this does not scare you --then maybe there is a KOOL-AID that is being consumed at TV..
I have been planning on moving here within the next 10 months and have visited several times -(coming in June and hope to purchase). I have taken much information from this site and it has helped me make up my mind to retire here....BUT one must take this possibilty of the Owners moving on after they have completed building as a reality..... Does anyone ever meet with them or their representatives ? Is there no power in the numbers of residents ? If this is made more public --why would one want to sink their hard earned cash into this community ..That being said --I dont know if it will stop me from purchasing but it will make me take another look at surrounding areas :confused::swear::shrug::ohdear: |
The entire worlds economy is teetering on collapse.... American cities are going bankrupt, rampant double digit inflation looms right around the corner, if China calls in our debt it's game over....
Anyone looking for certainty of total fiscal safety 10 years from now is deluding themselves. Enjoy the moment here in The Villages. |
I have to go with the above. Sums it up for me.
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Great post RSH!
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I dont disagree with about the idea of looking for certainty because it does not exist in any world ...Believe me I know that -- I might not be alive in 10 years or even long enough to finish this post although I hope so and I plan for it --
Thats why I am not looking to buy a million dollar home in the Villages --while I might be able to afford it now (not saying I could ) I know I couldnt sustain it----but to say --I will worry about it when the bank puts the padlock on the door is what has gotten us in the economical mess the country is in now.... As I said in my previous post I dont think this will stop me from purchasing in TV but I wont bury my head in the sand either. I enjoy almost everthing I do --I hope to enjoy the rest of my time in TV along with all of you... gathering information to make that choice and to sustain my hopes only makes sense... I see people on here saying "I would never buy a home on a golf course because too many golf carts go by every day or a ball might roll om my property" That is choice they make after an informed decision because they want what they want after working their life to get there... Thats all I am saying .. Wish I was there now !!! 21 inches of snow here and working three days straight :cold::beer3: |
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We should not get all wound up because someone comes on here and says a lot of things, mostly just opinion, about what has happened. What was the motive for this post? If the poster is scared they are going to be "done in" by the developer for posting......why post? Sorry, but I just don't buy the whole story. |
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Go back and read the posts from around 5/14/09 on this Texas issue (search Texas). It was covered pretty completely then.
My thoughts on this current flap are that the post was bumped by a Villages sales agent who probably did not succeed. Sour grapes. |
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We, too, love life in The Villages but it didn't take long to see that it is run on a "good ole boy" system and that the late Mr. Schwartz has turned over in his grave over and over. The Morse family is deeply connected with state and national politicians controls all The Villages media which is why you don't see ANY potentially negative news in the Daily Sun or hear it on WVLG. District commissions are hand-picked and residents are hand fed information. Don't fool yourself by thinking that the Morse family doesn't hold influence over Janet Tutt and the rest of the CDD. If your only argument is labeling columnists "whiners" and others paranoid, you really need to move on and get into politics. I dare say that some who boast about the democracy we have don't appreciate others who partake in it by keeping us informed. |
Interesting Question
It is an interesting question to consider what would be the estimated impact when the developer pulls out of The Villages. What would the residents have to cover or would no longer be available. Who could charge the residents for certain usages, etc. which are now covered by amenity fees, etc. Would the The Villages have to be chartered, or whatever a city must do and therefore contract for an in house police force, etc.etc.
Since the infrastructre is currently being controlled and managed by the developer what would be the costs for the residents to handle the infrastructure and what would be the additional costs and the mechanics to handle the responsibility? Hopefully this note does not stimulate a number of hostile responses but rather constructinve and thoughtful considerations and best guesses. It is an interesting question.:read: |
I agree DJ and REH --these are only questions for thought and a good debate --its just that some here seem to --not want anything negative said about the Villages ... ----Questions are not negative --
I appreciate the information I get here both ways --it helps me with my decision --- I the powers that be --wont answer the questions it only leads to speculation that they dont want people to know the true answers -- They can label me anythig they want as long as its RETIRED ____! lol enjoy a great day in the Villages --soon to be ..for me :boxing2: |
We've looked at other retirement communities (granted smaller than TV) and wondered the same things about what happens after build out. IMO resonable questions to ponder.
Some of the large Sun City communitites in AZ seem to have done well after build out. I don't really know what provisions were in place before it happened. Perhaps there are some in place in TV? |
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Bump
Bump
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Why Bump?????
Topic has been stoned to death - J hope.
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Pass the Kool-aid, I'm here for the long haul.
Just ask yourself why an individual who has never posted before would now come forward with all of these most dastardly accusations. Out of the kindness in his heart? No evidence or proof was submitted - just a story. Then think of the posters that keep throwing fuel on the fire (also low numbered posters) and then ask yourself if you believe they live in The Villages or have even visited it. Some people just love to be unhappy and keep things agitated. That's why there is already one very specific membership only group out there all by itself. Let them beat each other up and talk conspiracy theories - all the time masking their real biases, hatreds and secret motivations. Maybe we need another such group. How about "The Sky is Falling - Developer Haters Group?" Just as long as they leave us happy people alone I'd be satisfied. Well, enough said, I'm off to bury my head in the sand! Care to join me? Oh, I almost forgot - In case any of it turns out to be true, I will apologize. |
I would like to hear from people who recently purchased or looked at homes in TV what if anything the realtor told them about the IRS issue. Did you ask? Was any information volunteered? I do not think the IRS issue will be a deal breaker and is probably smaller than the what happens at buildout issue, but I do think potential home buyers have a right to know. Please let me know what your experience on this issue was with your realtor.
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Why the Bump!
I thought this was an open forum. I am interested in all opinions about The Villages. We have friends who have lived there 10 years and are very disappointed with the "vacation destination " it has become. I have a sister who purchased a new home in July and thinks there is no better place on this earth.
We are 55 and considering a home in The Villages. We rented for a month in Oct 2009 and rented outside this Feb. Went to many open houses held by VLS and MLS to determine what type of home we might want. VLS agents tried to steer us toward new homes and had "no comment" about the IRS bond issue. They told us we needed to talk to corporate about it. (I Don't trust corporations) We would like to make The Villages our last home but we expect to live an additional 25+ years. That's a long time to "keep our heads in the sand". In my opinion, Lauren Ritchie is trying to keep everyone informed. Pehaps those who do not like her are afraid of the truth and what it might do to their home values.(as am I) We still want to move to The Villages, I like KOOL-AID but want to make sure the POISON has not been added ! |
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That's the beauty of a forum like this for us wannabes. It informs us of all the pros and cons and we, of course, then make our own decision.
If you read this forum long enough your head will never be in the sand! |
TV agents are not any more qualified to talk to the IRS issues than you or I.
It's still in a preliminary basis. I bought here in 2008, still think it was one of the best things I've done, and plan to stay for the long haul. Legal cases take years and years to resolve. I don't much trust journalists, sure don't trust lawyers, but I don't think 70,000 folks will get screwed and it not be a huge public outcry. |
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Outcry
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Is this a legal case or an IRS case? Will the outcome be resolved between parties or proclaim by the IRS? “I don't think 70,000 folks will get screwed and it not be a huge public outcry.” That would be a different outcry than we hear everyday that is falling on deaf ears in DC? Democrats like nothing more than to hear a Republican outcry, go luck with that defense. |
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I asked both our TV and MLS agents about issue, read up on it and made a decision. (Both agents acknowledged the issue and basically said they didn't know more than we did). Once we made a decision, that was it. I don't dwell on the issue because I don't care to worrying about things that might not ever happen and over which I have no control. For me it was: consider the risks and benefits, make a decision, enjoy life in TV all it has to offer. |
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Check out post #3 for someone who agrees that there is nothing comparable: https://www.talkofthevillages.com/fo...ad.php?t=27511 |
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Pardon my ignorance, but I am studying on a similar issue at another POA and am in need of understanding.
Are the IRS allegations, that the CDD issues the tax exempt bonds a problem because the developer still has majority control of the supervisory board...? Thanks, J.M. |
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