Investors

So it seems to me that it is a mistake to move into this area, The Century Village, for investment purposes. This is a retirement Community.

People move here for the terrific amenities and to Retire. They do not move here for the chance to make money by buying and selling units.

At least they shouldn't.

The Condo Boards have to learn to protect themselves. There are ways to set up the by-laws so that the investors will not see a way to make some money in the Village.

There is plenty of help available.

Why not pass a by-law that says no owner may own more than one unit in a Association? There, the threat to owners by investors is gone.