The potential assessments are working as predicted
I talked to a long time, good HP member today and was told they will put their house on the market.
If it sells the net effect is nil, however that will only go on for a short time. We have come from having a large inventory to no inventory; however, the possibility of the assessments effect can put us back to the point where we go back to an inventory and few lot sales until after 2024. Why would anyone purchase with the heavy assessment coming in third year?
Once we have borrowing capability the board's want items need to be postponed.
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Why would anyone buy if infrastructure and amenities are clearly eroded?