I think if I was the developer and worth about 15 billion, I would just keep the easiest and most profitable businesses with the fewest employees and headaches.

I think as long as select land that provides adequate continuity to TV becomes available the developer will continue to make aquisitions.

A good example is the old horse farm on SR 472/ Rainey Trail.
When the price was right the seller was happy to sell (multi-million dollars) and the developer was happy to pay it because it fit his parameters.

Bridgeport at Miona Shores isn't exactly contiguous to TV but they made it worl adequately......all Premier big price tag homes.

I predict the same target of aquisition will continue to occur in the future.

Well now friend, we been a prospecting this hear goldmine for nigh on 40 yars, and we keep on a gettin more an more gold outa hit, and hit's made me and my family rich for generations to come, and thar's no sign a any letup as them thar baby boomers is retiring at a purty fair clip, but I reckon we got enough money, and them future generations a Morses don't need nuthin to do, so I think we'll jest shut her down and not mine another nugget a gold, even though there is no end in sight to the potential to this here rich and productive mine.

What? You think?:shrug:

One can NEVER have too much gold. Methinks they keep a minin' it.

Warren Buffett is one of the richest men in America. Why is he still at it making money? Because that's his thing.

Only Gary Morse knows what is going to happen. Whether he will continue to acquire more land, or will his family carry on the tradition.

Just speculating here ....... but for some rich people, it stops becoming about the money, but the thrill of the game. We all know Warren Buffett has more money than he can possibly use or spend, and it's the thrill of the game. He has lived a modest lifestyle, and looks forward to getting up and making more money for himself, and his investors. I suspect Gary Morse does like to play the game for thrills, as he doesn't need more money.

It affects us, in that after build-out, is over...... whenever that may be, the price of resales will go up dramatically. If he continues building, the price of resales is going up, but maybe not as fast. Either way, we will win by having moved here.

The sooner, the better. IMHO

I think that the building will go on for quite some time. Gary Morse has three chrildren, Mark Morse, Jennifer Parr and Tracy Matthews. They all have jobs with several Villages companies. They, and many other family members are making their money from the Villages. I can't see Gary Morse making any abrupt stop and leaving most of his family without jobs. Just click on their names on the link below to see what Villages companies they all hold positions in. I think the family will continue to buy up land. Just my opinion.
Mark Morse - President for Morse-Sembler Villages #5, Inc.

They are currently building 542 new homes off of 301 and 466 in Oxford. To be clear it's not actually part of the Villages but intended to support the growing labor force and their housing needs. There are thousands of acres available very cheaply that they can continue to purchase and build if sales go well! it will also help with the build out of buffalo ridge for commercial purposes.

The answer is December 19, 2016.

Skip

Thanks
Retirement date set
December 18 2016
I do not want to miss the party

At Buena Vista it's only about a mile from 44 to the turnpike. "All the way to the turnpike" is not a very big jump.

There is a vast amount of land south of 44 and I don't know why they would stop building if they think they can sell houses.

Except that these people don't really need jobs. I suspect that these are people who are simply driven to keep working, creating and building, much like Donald Trump. The Donald and his family don;t really need jobs. They do what they do because of who they are. If it were me, I'd be traveling the world laying on beaches and having a great time. It always perplexes me why these people want all the headaches. Some people just need to keep going and so are just driven.

I think that if they stop building, someone else will take over. Hey, they can still come to the squares, pay for golf, and use the shopping, all the restaurants. They would have all the crews that the villages laid off and would build the same houses for less $. The bubble would burst. JMH

Not possible to have another builder continue on. Remember, Janet Tutt, District Manager works for The Villages of Lake-Sumter not us. She would not allow an extension without the Morse's OK. Which just won't happen.

Skip

I don't know WHO you are, Skip, or HOW you get your information but I have learned to trust it.