Why TV might have accelerated development

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Old 02-10-2024, 10:10 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Default Why TV might have accelerated development

Through various media and other reports, TV development is planning their growth on the future retirement demand of the US residents. . general concept, not to be nit picked. .

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here.
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Old 02-10-2024, 12:00 PM
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Originally Posted by CoachKandSportsguy View Post
Through various media and other reports, TV development is planning their growth on the future retirement demand of the US residents. . general concept, not to be nit picked. .

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here.
Just keep in mind, retirement also almost always means affordability and a more fixed income crowd.

It means property taxes, insurance and cost of living all are major factors.

The latest inflation wave has caused some to put off retirement. In some cases here, retirees right here in the Villages have been forced to return to work.
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Old 02-10-2024, 12:44 PM
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Just keep in mind, retirement also almost always means affordability and a more fixed income crowd.

It means property taxes, insurance and cost of living all are major factors.

The latest inflation wave has caused some to put off retirement. In some cases here, retirees right here in the Villages have been forced to return to work.
There are lower cost places to live.

More than 10,000 people retiring per day, they only need to attract 7 of those to the Villages.
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Old 02-10-2024, 12:45 PM
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Originally Posted by CoachKandSportsguy View Post
Through various media and other reports, TV development is planning their growth on the future retirement demand of the US residents. . general concept, not to be nit picked. .

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here.
Bingo!
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Old 02-10-2024, 03:02 PM
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There are lower cost places to live.

More than 10,000 people retiring per day, they only need to attract 7 of those to the Villages.
Can we make those 7 fill out a form promising to behave once they get here? Asking for a friend.
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Old 02-10-2024, 03:33 PM
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Can we make those 7 fill out a form promising to behave once they get here? Asking for a friend.
So you think following following rules are priority when buying in villages. I bet it’s at bottom of priorities. Cash being number one….
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Old 02-10-2024, 05:38 PM
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Originally Posted by CoachKandSportsguy View Post

But it appears that they are anticipating continued huge growth numbers, along with other developers along the rural parts of the Florida turnpike. Seems this is the chart at which they are looking, and trying to meet the demand. . which is a $%^&load of our friends and neighbors potentially moving here.
There is a huge funnel, west of NY & east of Oregon/Washington, that sends non-coastal people, to the inland areas of Florida. Affordability is key and distance from the ocean drives affordability. Folks living in the "funnel" don't care so much about being on the coast and mid-Florida suits them just fine.

Folks from coastal areas of the country, are flocking to the Tampa/Sarasota/Ft. Meyers/Naples area.

Last edited by BrianL99; 02-11-2024 at 07:53 AM.
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Old 02-10-2024, 06:26 PM
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Can we make those 7 fill out a form promising to behave once they get here? Asking for a friend.
If they drink the coolaid, that won't be necessary.
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Old 02-11-2024, 07:05 AM
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I heard that the majority of folks moving here (80%) pay cash for their home that’s why homes are still selling here even when interest rates are higher. IMO, paying cash for a home here is not a big deal for most people coming from NYC/LA/San Francisco, because our home prices here are a rounding error for the price they just sold their home for.
Personally I’d like to see our home prices be double what they are now (our prices are fairly cheap for a home compared to most other cities except for rural areas) to keep our standard of living higher so you know if a person moves here they can afford to maintain their house.

There are hundreds/thousands of 55+ communities in the country, but right now and for the foreseeable future, we have a mass exodus from a lot of these states to Florida, Tennessee, and other states so there won’t be any problem getting new people to move here for many more years.
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Old 02-11-2024, 10:41 AM
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Many are retiring early because of layoffs as well. When you get to your early 60s good luck finding a good full time job in your skillset. I am finding that the case.
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Old 02-11-2024, 02:11 PM
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Many are retiring early because of layoffs as well. When you get to your early 60s good luck finding a good full time job in your skillset. I am finding that the case.
very difficult for sure. Certainly known a few who did, but then found the age gap, managing very young people, too difficult with the completely different values system. They were happy finding very fulfilling jobs in other positions: mostly part time or part of the year, people i have met switched into:

self employed custom construction installer, coffee roastmaster, rv driver for his wife, accountant, estate tax preparer for H&RBlock, temp consultant with a specialty,

ageism discrimination is real, but also understandable in today's rapidly changing world. Same reason why Belicheck sin't getting a job either.
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Old 02-11-2024, 04:17 PM
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Covid provided a lot of people access to an early inheritance.
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Old 02-12-2024, 05:42 AM
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The peak birth year for babyboomers is not 1946, it is 1957.

When you track this it is easy to understand why there is a building boom. Factor in some understanding that retirees for the most part do not move imediately after retirement and it is easy to forcast several years of growth. And of course the birth numbers for the years following 1957 don't marketly drop...
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Old 02-12-2024, 08:41 AM
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A friend mentioned that it's great they are building to accommodate all the boomers retiring, but will this glut of homes be needed or afforded by the next generations?
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Old 02-12-2024, 08:42 AM
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Quote:
Originally Posted by rsmurano View Post
I heard that the majority of folks moving here (80%) pay cash for their home that’s why homes are still selling here even when interest rates are higher. IMO, paying cash for a home here is not a big deal for most people coming from NYC/LA/San Francisco, because our home prices here are a rounding error for the price they just sold their home for.
Personally I’d like to see our home prices be double what they are now (our prices are fairly cheap for a home compared to most other cities except for rural areas) to keep our standard of living higher so you know if a person moves here they can afford to maintain their house.

There are hundreds/thousands of 55+ communities in the country, but right now and for the foreseeable future, we have a mass exodus from a lot of these states to Florida, Tennessee, and other states so there won’t be any problem getting new people to move here for many more years.
Harold Schwartz's original plan for The Villages was to be able to live a millionaire lifestyle without being a millionaire and he achieved it for many years. Nowadays, if you don't have that mill in the bank just move on!
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