> Local governments hate retirement villages ... they don't own property (b/c the units are "leased" not owned) so they don't pay property taxes.
The owners of the retirement villages pay property tax, just like every other owner. The local govts collect said tax whether or not said owners manage to get money from their tenants, so govts don't care either way about lease/rent/owner-occupied.
The owners of the retirement villages pay property tax, just like every other owner. The local govts collect said tax whether or not said owners manage to get money from their tenants, so govts don't care either way about lease/rent/owner-occupied.