Everyone always says, “When old people retire, they move south.”
According to the United States Census Bureau, 9 out of 10 Americans over 60, or 41.5 million people, stayed in the same home or in the same county between 1995 and 2000. During that period, only 4.4 million Americans over 60 moved away.
Those figures don’t seem likely to change anytime soon. Last year, AARP surveyed Americans over 50 and found that 89 percent wanted to stay in their current home as long as possible. “Americans are going to age in place,” says Elinor Ginzler, AARP’s director for livable communities.
I can think of many reasons an older couple would want to move out of Massachusetts – lower taxes, warmer climates, quality of life.
However, if there’s one thing I am constantly reminded of in daily life, it’s that people like staying where they are. They end up staying in jobs they don’t like, they end up living in places they don’t like.
They’re resistant to change, I guess.
Now, percentage-wise, there will still be a gradual migration, and Florida and North Carolina and Arizona will continue to grow, at the expense of northern states.
However, can you really stop that from happening?
I don’t think so.
The New Gray Areas – By Anna Bernasek, The New York Times
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Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs
In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.
For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.
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