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Real Estate
Reply to "Monthly fees are $1500 for the new luxury retirement enclave in McLean"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]They already sold the first phase of these condos and are building the second phase now. At one point a developer planned to build over a dozen single-family houses on the property but that stalled during Covid and they came back later with this plan for age-restricted condos. The local supervisor (then John Foust) was enthusiastic about it because it wouldn’t add more kids to McLean HS, which the county ignores. Now they’ll get more tax revenues from seniors on McLean they can spend on schools and social services elsewhere. [/quote] The senior I take care of barely pays any taxes (legally) because their medical care fees are so high, so I would not count on lots of taxes from seniors... [/quote] Schools are funded with property taxes not income taxes.[/quote]
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