I see things about the age of people moving here and maybe not completely understanding the 80/20 rule so here it is:
The 80/20 rule in The Villages, Florida is a provision of the Housing for Older Persons Act (HOPA) of 1995. It states that at least 80% of units in a 55+ community must have a resident who is 55 or older. The remaining 20% can be occupied by people of any age.
Explanation
- The 80/20 rule allows communities to restrict occupancy based on age.
- The 20% is a "cushion" that allows for some flexibility in age requirements.
- Communities must continue to show intent to provide housing for adults 55 and older.
My personal observation, since Covid we do see younger, late 40’s and 50- to 55-year-old moving here. During Covid many people in the work force switch to remote working and company’s realized less office space and in most cases more production per employee. Why not move 10 years earlier to where you want to retire someday. Today in The Villages high of 81º and low of 56º versus Buffalo, NY 28º for a high and low of 14º, where do you want to work remotely?
Now you have the facts about age requirements, next is access to the squares another topic!
Dick Betts, REALTOR®
The Betts Team
LPT Realty
The Villages, Florida
717-860-3107 cell
Dick@DickBetts.com
#realestate #realtor #thevillagesflorida #homesincentralfl #thebettsteam #dickbettsrealtor #dickbetts #thevillages
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