Retirement Community Goes Bankrupt...

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Old 10-22-2008, 08:26 AM
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Default Retirement Community Goes Bankrupt...

http://www.dailycommercial.com/1021arlingtonridge
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Old 10-22-2008, 08:40 AM
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Sad. I hope it doesn't happen to us. With these economic times, fear is our constant companion. Where did you read this? Is it an email periodical sent to you?
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Old 10-22-2008, 08:46 AM
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Somehow....being here and seeing all the activity going on....I think it is probably the safest place to be....

This is very sad for people who live and work there.
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Old 10-22-2008, 09:04 AM
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I would think if the villages went under we'd be safe. After all we own the land our homes are on. Yes, it would be the end of the lifestyle options we love, but I don't see us loosing our homes.
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Old 10-22-2008, 09:13 AM
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At the rate Boomers are turning 60 years old there should be an adequate supply of influx to TV. Remember, TV has international recognition. My opinion is, if this community goes under it's gonna be game over everywhere.
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Old 10-22-2008, 09:27 AM
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Quote:
Originally Posted by rshoffer View Post
At the rate Boomers are turning 60 years old there should be an adequate supply of influx to TV. Remember, TV has international recognition. My opinion is, if this community goes under it's gonna be game over everywhere.
Yes, rshoffer, that is exactly my opinion. The news article makes me feel even more pleased that The Villages Developers know what they're doing. Additionally, once the logjam in housing sales ends across the country, TV will be a MAJOR beneficiary. So many people waiting and hoping for their homes to sell elsewhere and relocate to TV...
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Old 10-22-2008, 10:11 AM
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thats why we have a CDD form of government

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Old 10-22-2008, 12:04 PM
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Here's a quote from the Blair Communities web page, which owns Arlington Ridge:

"As a resident of a Blair Community you will benefit from a team of dedicated people who possess the vision, integrity, talent and financial strength to accomplish what they say they will do."

Some "Finacial Strength"!
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