| Author | Message | ||
     Cityxslicker |
OK WTF is it with these 55+ communities?!? They are all way super affordable, gated, have nice small houses but are restricted to having to be over 55 years old? Just a bit miffed about the whole thing. not like I am bringing a litter of kids with me, just a garage full of bikes... So I suppose age is that bastion of discrimination that I cant win. I thought there were EOE things against lending and owning property rules like that. Any R/E agent, broker want to chime in on it? I cant get a real answer out of my local crew, all I get is the rolled eyes of well you are not 55 duh.  | ||
| Igneroid |
Im 53 and I cant get into one of them cheap ass settlements either. Guess you quieter when you are already half dead. We call the nice one up here "The Wrinkle Ranch" but Im thinkin CoffinDodgers "R" Us would be better..... One day you will be old enuff to get in there and play bingo with alla the moss backs.... Ill be the guy servin up Vodka/geritol martini's with the blue smarties(viagra) replacin the olives.... | ||
| Corporatemonkey |
Brian, trust me you don't want to live in a 55 or older neighborhood. My folks live half the year in a 55 or older place in Tucson. While on the surface it looks idilic, underneath it is very 1984 (the book/movie) All the places have rules that would make the most stringent HOA cringe. Who can visit, how often, what you can do with those guests is very regulated. Here is an example. In my parents place you are required to wear a name tag while out and about in the park. I have always refused (on principle). Late last year I was riding my Segway. I looked out of place, not only because of the machine, but my age. I had security give chase on a gas golfcart. I will tell you this, when riding a segway with 4hp, and the "red key" they move out. Flying off sidewalks at 15mph is scary stuff. They didn't catch me until later when I ventured out on my mothers half dead electric golf cart. They had a field day with me... I actually got banished from the public facilities for that stunt. | ||
| Irideabuell |
My in-laws live in a 55+ community and everyone is constantly in your business. It's amusing, but intolerable. | ||
| Tramp |
They're a ploy for developers to procure more lenient zoning due to the allegation that, being as older folks don't have kids to further load up the school system- hence, taxpayers allegedly will have an increased base without extra kids increasing costs. The reality is, however, that the increased services, etc., which PACs (Planned Adult Communities) place on municipalities, pump up the cost of hosting them, after all. PACS rarely offer housing options that local seniors can afford. | ||
| Brumbear |
BINGO !!!!!!!! especially NJ everyone pays school tax its built into our property tax But the immediate municipality will benefit and the state will end up paying for it in most cases I believe, This makes doing away with them hard as your town will benefit but we will not | ||
| Tramp |
They like to portray it as tax-relief for the neighbours, but it really doesn't work out that way, at all. | ||
| Tramp |
I actually have to attend a Planning Board meeting this evening (as a resident, not a board member) concerning the streamlining of reg.s for developers bringing these in. It's an uphill battle around here, for those of us who would like to see our region grow intelligently | ||
| Ratbuell |
My folks live in one of the "golf communities" in Florida. For them, it's quite nice. They have a single family home, don't have to do yardwork, and there's security on duty 24/7. Given my dad's medical issues at this point, it's good peace of mind to have people that close, and always awake. When I visit, though...I have to get a permit for the truck to be parked in the driveway for more than 24 hours. My dad has to put his car in the drive since you can't have a motorcycle in the driveway (but they are allowed in the complex). Some of the rules are goofy...but they're happy and they're 900 miles away, so my wife and I are happy too, lol. | ||
| Tramp |
Big, BIG difference- Most of Florida's communities have zoning legislation that includes preexisting PAC-like conditions. Retirement communities have been a mainstay of Florida's real estate industry for over half-a-century. "55+" PACs are different breed, conceived to keep seniors in their home states....IF they have the income to afford such housing | ||
| Ratbuell |
<shrug> I dunno about all that. We've got 44 acres here in MD that I'm building on. We're our own neighborhood...nice and private  ...now if I could just get the time I need to rehab the almost 200 year old cabin to usable condition.... | ||
| Buellgator |
I feel your pain. I have been house hunting for two years, and I would always come across these homes. Start looking at it, only to find out it's in some retirement community that I'm not allowed in. I lucked out finally and found a home that was within my range, that isn't in some PAC. | ||
| Bcordb3 |
I live in a 55+ community which recently lowered the age minimum to 47, not because of sales, because of the aging of the community. This change effected the average of the residents immediately. It is working well. A lot of younger oldsters. Quite of few bikes, the usual Harley's, a couple of Buells, Triumphs, BMW's, and various other brands. Lots of restored cars and hot rods. This community doesn't get any tax breaks concerning schools or anything else. Being a private community that isn't gated, the city maintains the streets, a real bonus burger. There is 3 - 18 hole golf courses, 5 swimming pools, 24 tennis court, 12 pickleball courts. 2 complete recreation facilities. Not a bad place to retire. The temperatures have been a little rough lately, 10 days over 110, 6 days with a high of 114 and the record breaking day of 115 degrees F. But it is a dry heat. Its pretty good living. | ||
| Strokizator |
I imagine the antics portrayed on the Seinfeld show for "Del Boca Vista" in Florida where Jerry's parents lived were actually quite routine. Nothing else for a lot of retired people to do except look out the window and make sure you obey all the rules. I don't know if I could ever get used to eating dinner at 4:30 pm and staying up late to watch "Matlock". | ||
| Tramp |
la Boca vista represented a retirement community, which differs from a PAC in organizational structure of the HOA, private application prerequisites, public subsidy, etc. I am not looking fwd. to attending tonight's planning board meeting regarding this topic. | ||
| Cityxslicker |
The thing that just kills me with realestate is that the houses are soooo flippin huge. I dont need 2300 sq feet, with a den, dining room, living room, family room, library, 3 bedrooms and a bonus room . And if you look at the floor plans they look like they were set up for hamsters in a cage. But all of the new developments are built this way. And there is like spitting room between the houses. Every time I see a nice small bungalow on the net, it ends up being a 55+ community.  What I really need is a 2000 sq ft garage with a loft apt over the top.  Looks like land and build is the way to go. | ||
| Tramp |
It's the age of the Mcmansion.... | ||
| Brumbear |
and 13K in property tax per anum for a Mcmansion on a 3/4 acre lot in north west jersey I found a 1200 sqr footer 15 years ago and my taxes are now near 5 grand and I pay 109.00 o month for sewers I need a belt this is depressing | ||
| Corporatemonkey |
Brain, you haven't mentioned what area you are looking. If you want to stay on the otherside of the sound finding a small house is going to be difficult. A sub 2000sq ft house is easy to find on this side, as most WWII boeing homes were less than that. | ||
| Cityxslicker |
Corporatemonkey, Ah yes the glorious 1100 sq ft fixer starting at 319,000. I will NOT be shopping on that side of the water, prices there are what drove me here. | ||
| Corporatemonkey |
Ah come on they are not quite $319k they have been discounted to $315k  I don't feel much sympathy, they just raised my rent on my kelvinator crate of an apartment. I am now paying north of $2.18 a sq ft per month. I am not thrilled. | ||
| Bombardier |
Mortgage = $985 per week. Will own it when I am 60. 21 years to go. You guys feeling better yet? | ||
| Brumbear |
if its 1200 square ft on less than a 1/4 acre I do | ||
| Kyrocket |
Three bedroom, bath and a half on the end of a cul-de-sac, 1800 sq. ft. just sold at auction last week for $107,000. And twisty roads to boot. I love Ky. The house is 10 yr. old or less. | ||
| Brumbear |
I am Hateing but in a good way | ||
| Bcordb3 |
What is the job situation in Kentucky. | ||
| Thumper74 |
Just picked up 1400 sq ft liveable space with a 2 car garage, 1/4 acre, full basement, new appliances, walk in attic (not finished), remodeled kitchen, remodeled bath, new siding, new insulation, new roof, nice deck, cool neighbors... 89,900 and the Seller paid closing costs along with new carpet... For my first house I'm happy. With finishing the basement and attic, we're looking at adding another 1000 sq ft to the house... And all for $500 less a month than we were paying in rent... | ||
| Igneroid |
And all for $500 less a month than we were paying in rent... That sounds like a great deal and here is the bonus, buying a house is like the best savings plan in the world...and when you think about it, compared to renting, you really get to live there for free. I know, some times, its impossible not to rent but when you do rent, you are buying that place for someone else. Good on ya Thump. Makin payments is easier than saving for alot of folks(me). | ||
| Brumbear |
Mailboxes cost more than that in NJ | ||
| Kyrocket |
What is the job situation in Kentucky. Well, that depends. Especially which part of the state you want to live in. I'm centrally located about 40 miles East of Lexington and right on I-64. Locally we're a town of about 7000 with about 26000 in the county, mostly rural setting with lots of nice twisties. There's a nice lake with camping about 40 miles to the East and lots of shopping and dining in Lex. about 40 miles to the West. Job-wise you have your pick of factories paying anywhere from $8 to $16 an hour to start. Professional jobs would probably want to look closer to Lexington and commute. We have lots of people here that commute because they like the small town and don't mind the drive. Sorry for the thread jack, feel free to PM about anything. Oh, back on topic, we have a developer trying a 55+ community but he's not having much luck and I think he's changing his tune and changing it up a bit. They're new two bedroom, one car garage, don't know the prices though. http://www.mtsterlingtourism.com/ |
