Seniors Rock and Loll
A forthcoming study, "Seniors on the Move: Impacts on Cities, Suburbs and the Sunbelt" by Bill Frey of the Brookings Institution, one of the nation's leading demographers, reports that while some boomers and seniors will migrate locally or longer distances, others will simply "age in place". Already, "better-off segments... are highly sought after among cities that look to them as a means of tax base enhancement and population growth.... At the same time, less-mobile segments residing in cities, inner suburbs, and the Frostbelt are creating new challenges for communities that retain them," says the summary.
Labels: second homes, taxes
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