Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#31
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Don as always thank you for your insight. I always read your posts
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#32
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#33
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In the end, all the conjecture and musings mean nothing. We live in a wonderful place. Growth and change is inevitable. If we don't like it at any point, we can sell and move. It's as simple as that.
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#34
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#35
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Restaurants, stores, etc. are commercial development built once the population reaches the critical mass for profitable business. Given land south of the Turnpike was primarily populated by cattle, things didn't take off until that critical mass was achieved. The Fenny pioneers did wait a long time for more local business to open. Further complicated by the seasonal population changes here. Over 100 new homes continue to be sold a week. The commercial developers may have underestimated the growth rate. As soon as a new business, opens, it fills with customers day one. Three years of this was in the middle of COVID, but growth continued at substantial risk to the developers. As a side note, (The village of) Leesburg is just 15 min away from current construction so there is plenty of established shopping and restaurants closer than north of 466A. Last edited by Altavia; 03-13-2023 at 04:16 PM. |
#36
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Thank you, Don, for sharing your knowledge and thank you for your service as a county commissioner. I enjoy the Goldwingnut videos and I am looking forward to your Spring Fling charity event at the Polo Fields on March 18th in memory of your son. Your hard work - on every level - is very much appreciated.
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#37
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Speaking as one who lives in a Major Developer community, there are some big differences I have noticed about this one which is now run by an HOA and TV. The quality of the construction here and of TV couldn't be more different. Our HOA has sustained extreme costs associated with the poor quality of construction above and beyond that of inflation. The smaller the community the more some vocal groups become the only voices heard. As a result we are looking to relocate to the villages. I have some experience in home construction and from my observations of what is being built in TV is far better than what is being offered by some Major Builders of retirement communities.
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#38
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Great post Don Wiley! We moved here nearly 14 yrs ago so have seen the growth. I'm happy the developer has a vision and puts plans into place. So many of our friends who've come can't believe this place. I think they envisioned manufactured homes instead of the ones we have in place. We've seen amenities added---the hospital, medical clinics, school and businesses. Some of these were here and had additions put in. I've never understood the mentality of first buying then wanting to change everything from the governance to infrastructure and just the way of doing business.
All this said, I'm still in contact via social media with the community we moved here from. The comments up there could be inter-changed with here. Complaints of growth, of traffic, how badly people drive, round-abouts----ALL the same as here. Oh, add in the healthcare too. When we left up there---medical care was great. NOW people are asking where are the doctors going and why did they leave??!!! Same as here! Frankly I'm very happy with our retirement decisions so have to wonder what utopia people think they're getting. Just a rhetorical question to cast out there. One I have is---were y'all happy where you once came from and if so, why did you move?? Whatt were/are your expectations once you did?? |
#39
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Thanks Don for your continued updates in insights!
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#40
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Thanks Don for your continued updates and insights! Always a good read.
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#41
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Don stated
"Concerning other infrastructure such as utilities, this is a joint effort between developers and municipalities. Wildwood is currently dealing with an aging wastewater processing system that is reaching capacity due to the city’s growth outside of The Villages component. New apartment complexes, home development, and business are stressing these resources and Wildwood’s leaders have recently taken positive and decisive steps to address these. Fortunately, Wildwood is spared much of the stress on these systems caused by the growth of The Villages as water related infrastructure is basically self-contained within the development. The building of the massive Gibson Wastewater Treatment facility at 501/470 to serve the areas south of Monarch Grove down to Middleton an beyond, being done by the developer without impact to Wildwood’s systems is an example of this." For the Developer to sell the utility infrastructure to a public agency at a fair price is OK. However, in my opinion that has not happened with many purchases NSCUDD has made with the developer. |
#42
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Good point. I think the villages should have kept the theater open and REQUIRED every resident to attend it regularly so that it would remain sustainable. Ask those grandkids when the last time they went to the movie theater back home was (vs streaming on their ipads or TVs). |
#43
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Need another “Full size square” south of 44. Just looked through open tee times for Thursday. 85% of available time are on pitch and putts! Obvious need for more Executive courses , especially south of 44! |
#44
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The amenities are funded by the developer who then owns and operates them as a portion of their business portfolio. In that construction cost is also a proportionate share of the infrastructure cost. The amenities are not a part of the respective neighboring CDD. The CDD lines are drawn around these properties and exclude them. If the bond funds were used to build the amenities, those amenities would then be a part of the CDD issuing the bonds. But they aren't, so they don't. The bonds do, however, make the amenities possible. The developer is able to recoup the development costs quickly by billing the costs to the CDD who then pays them from the funds raised by the sale of the bonds. The developer doesn't have their money tied up in water lines, retention ponds, roads, and sewer pipes for the duration of the sale cycle. This frees up cash to allow the building of the amenities. Without this methodology, we would be no different than most other communities where the salesman showing a lot would make statements like "over there will be the green for the 7th hole that will be built next year", something that frequently fails to materialize due to cash flow issues. The discussion of the bonds could go on for quite a while, their merits and their pitfalls can be argued ad nauseum, but some things are very clear: 1) they are highly valued by investors and usually sell out within hours of being offered. 2) You will pay for these infrastructure costs one way or the other, either as a separate bond like we do here in The Villages or as a cost rolled into the final cost of the home (the developer NEVER pays any of these costs, they pass them through). 3) The cash flow position created by the issuing of bonds has had a very positive impact on the development of The Villages, and I would argue that without them, The Villages would not and could not exist as the successful development that it is today.
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Don Wiley GoldWingNut (a motorcycle enthusiast not a gilded fastener) A student of The Villages, its history and its future. City of Wildwood www.goldwingnut.com YouTube –YouTube.com/GoldWingnut and YouTube.com/GoldWingnutProductions Carpe diem quam minimum credula postero Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. - Thomas Paine, 1/10/1776 |
#45
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I would like to comment on 2 separate, but related issues brought out in this thread - GROWTH and CRIME.
........Stated in about the 4th paragraph from the end, "Growth is INEVITABLE". Just as some humor........I was taught that ONLY DEATH and TAXES were inevitable. Now to be serious - at a micro level (The Villages growth) may be or seem to be inevitable - I could agree with that. But, at a macro level GROWTH in general depends on the continuing growth of the POPULATION of the US. I often use the term OPTIMAL population growth. For example, does China have the OPTIMAL growth for itself - apparently NOT as is apparent from the CLOUDS of pollution seen over ALL their big cities? America and Americans do NOT want their country to become OVERPOPULATED as China is. In China, right now, their government IS begging its population to have MORE children. And the people are saying NO. Their lives SUCK partly because they have gone PAST their point of OPTIMAL population. THAT is obvious to even myself, an ordinary citizen! .........So, I put in that 1st paragraph as proof that things turn "and go south" when a population (any population, even Lemmings) exceeds its OPTIMAL NUMBER. Incidentally, that is why NATURE and Lemmings control ANIMAL POPULATIONS the way that it does. Why IS that important, you ask? Because mankind (humans) can fail to follow the laws of NATURE (AND POPULATIONS) for a LIMITED amount of time before things go "haywire". Think about CO2 killing coral reefs and dead spots in the Gulf of MEXICO. And record temperatures in the Gulf last year. And Global Warming that is predicted for the next 8 to 30 years. ........Florida is VERY VULNERABLE to HEAT increases as we saw with Hurricane IAN. Many northern visitors that WOULD buy property in the Villages are turned off by the summer HEAT and the prospects for KILLER hurricanes and tornadoes in the increasing HEAT of the Florida summers. Plus humidity, which is hard on an elderly person's body and health. Many of these people are looking to North and South Carolina as better locations with a temperate climate as opposed to a "HEAT chamber" like Florida! .........What then is the OPTIMAL population for the US? I would propose that like China, we are PAST that number. 250 MILLION would be my best guess as to the Optimal US population. Note that US women are delaying having children so as to advance their careers. NOW, of course, the US can ALWAYS get migrants (legal or otherwise) because the US is a magnet for that - we are the "Gold Mountain" in their eyes. But, the question is whether large-scale immigration is going to be OPTIMAL from a numbers and EVEN a "changing demographic" basis ? ........The overall POINT IS that there are factors that could mitigate in the future AGAINST the "GROWTH is INEVITABLE" proposition. Last edited by jimjamuser; 03-13-2023 at 08:28 AM. |
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