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The Boston Real Estate BlogI am an independent real estate broker, focused on the residential real estate market in downtown Boston. |
What Can Boston Do To Attract Empty-nesters?
From the Augusta Chronicle:
Today's retirees have yearly per-capita incomes exceeding those of the aged-18-to-55 population, which translates into the purchase of more expensive homes and consumer goods and a subsequent boost in property and sales tax revenues ...
... Meanwhile, municipalities also benefit from the fact that retirees do not crowd schools or worsen commuter-traffic problems ...
... Upwards of one-quarter of baby boomers are expected to relocate when they retire ...
What can Boston do to attract these people?
How about even sidewalks, for starters???
(Added benefit: parents with kids in baby carriages won't give their children whiplash, anymore.)
Source: Cities find it pays to attract retirees - By Don Sims and Dan Owens, Augusta Chronicle
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