[Stu from NYC]

Originally Posted by golfing eagles

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?

OK but if the developer is on the hook for the 360 million it would make sense to sell off some assets to pay it.

This could have some affect on us villagers.

[tophcfa]

Originally Posted by Kenswing

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.

Typically, I would totally agree that others finances are no one else’s business. That being said, the Villages is kind of a unique situation. The parties finances, who heavily handed control just about everything where we have invested a significant chunk of our retirement portfolio, have a significant correlation to both our lifestyle and property values. Because of that, Villagers should be concerned about their motivations and perceived direction. It does really matter in this particular case.

[Bogie Shooter]

Not worth the effort to worry about what is known or unknown, option is to pack you bags and go before the sky falls.

[tophcfa]

Originally Posted by Bogie Shooter

Not worth the effort to worry about what is known or unknown, option is to pack you bags and go before the sky falls.

Inquiring minds don’t like the unknown. Some prefer to seek knowledge and make informed decisions after considering as much knowledge as can be gathered. Others chose to bury their heads in the sand or run away. Different styles for different folks.

[biggamefish1]

Nothing wrong with cleaning out the coffer and moving forward

[Marathon Man]

Originally Posted by tophcfa

Inquiring minds don’t like the unknown. Some prefer to seek knowledge and make informed decisions after considering as much knowledge as can be gathered. Others chose to bury their heads in the sand or run away. Different styles for different folks.

So, if you don't have an "inquiring mind" about a particular subject, you "chose to bury their heads". C'mon.

[Stu from NYC]

Originally Posted by Marathon Man

So, if you don't have an "inquiring mind" about a particular subject, you "chose to bury their heads". C'mon.

Some people think that the financial viability of the developer is not our business. Of course it is we would be affected if they ran into financial problems.

[Bill14564]

Originally Posted by Stu from NYC

Some people think that the financial viability of the developer is not our business. Of course it is we would be affected if they ran into financial problems.

How would we be affected?
- The Developer does not provide utilities
- The Developer does not maintain the roads
- The Developer does not run the rec centers
- The Developer does not maintain the pools or pickleball courts
- The Developer does not cut the grass along the streets or replace the flowers

The Developer does own the buildings in the commercial districts (the squares). This allows him to choose/elect the supervisors for the districts that control the amenities. But, since the amenities are funded by the residents and not by the commercial districts these supervisors typically stay away from fixing something that isn't broken.

If the Developer has financial issues it might somehow affect the businesses in the squares and we would notice that but I just don't see that being a big issue.

[jimhoward]

Originally Posted by Bill14564

How would we be affected?
- The Developer does not provide utilities
- The Developer does not maintain the roads
- The Developer does not run the rec centers
- The Developer does not maintain the pools or pickleball courts
- The Developer does not cut the grass along the streets or replace the flowers

The Developer does own the buildings in the commercial districts (the squares). This allows him to choose/elect the supervisors for the districts that control the amenities. But, since the amenities are funded by the residents and not by the commercial districts these supervisors typically stay away from fixing something that isn't broken.

If the Developer has financial issues it might somehow affect the businesses in the squares and we would notice that but I just don't see that being a big issue.

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait .

[Bill14564]

Originally Posted by jimhoward

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait .

And any of that would affect me how?

Sure, it might make me reluctant to purchase in the newer areas but since I'm not looking to move anytime soon....

On the other hand, if the newer areas were less desirable then homes like mine in the existing areas would be come more desirable. More desirable = higher prices = more profit = win for me.

[thelegges]

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 are asking for speculation correct? Because as I see it unless your descendants are married into the family, your questions are answered with assumptions, guesses, or zero factual evidence.

Medical facilities, insurance, sold or leased over 10 years ago. Restaurants have been leased out from developers for at least 10-15 years. The only change I see is bank sold. That could be a signal that it’s no longer needed to sell homes.

As far as Medicare issues, has been ongoing with most billing for years, between physicians, facilities, and individuals. Plus in all the years in medical no one ever knows how much is actually paid off or forgiven

So is this the brain teaser for the week? Because no one on this site can solve your question

[Chellybean]

Originally Posted by jimhoward

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait .

Exactly, all those are true if you pay attention

[CoachKandSportsguy]

the primary effects of the developer's actions do not directly affect anyone currently owning a house in an established village.

the secondary effects are not currently known, but may affect some aspects of our lives. yes, one can speculate on those effects, and the effects could range from minor to major, depending upon your level of imagination. But to postulate on just the direct effects as the only potential changes, is a bit short sighted. .

good luck to us. .

[thelegges]

Originally Posted by jimhoward

If the developer ran into financial problems, they might start putting new houses closer together, or they might cut back on finishes on little things like not bothering with ceiling fans, or they might undercut prices on existing homes to stimulate sales........oh wait .

You must be new to TV.
Do you remember in 2008, 09, 10, 11, 12, and so on, the discounts on newly built homes for PV, CYV, designers?

How about in 2012, 2014, some new builds, no washer/dryer, ceiling fans, or GARAGE DOOR Openers?

I remember all of those, why because we bought 4 houses during those years.

How about your personal experience of what was included in homes from 2007 to 2025.

What you think is missing in homes today has been ongoing over 15 years, you just weren’t here to understand what was or wasn’t included.

[Bogie Shooter]

Originally Posted by thelegges

You must be new to TV.
Do you remember in 2008, 09, 10, 11, 12, and so on, the discounts on newly built homes for PV, CYV, designers?

How about in 2012, 2014, some new builds, no washer/dryer, ceiling fans, or GARAGE DOOR Openers?

I remember all of those, why because we bought 4 houses during those years.

How about your personal experience of what was included in homes from 2007 to 2025.

What you think is missing in homes today has been ongoing over 15 years, you just weren’t here to understand what was or wasn’t included.