A Washington Post story says Florida is cooling off as a destination state for people who are relocating...but Alabama and other warm-weather states are continuing to see more people move in than out. The story speculates it could be the high insurance rates and the housing bubble bursting. It brings to mind the surveys and studies that frequently name places in Alabama that attract more than their share of retirees...places like Dothan. Yet when you think about it, what's the attraction? Retirees are less likely to support public schools when funding votes come up, they pay no property tax over a certain age, and they can be a drain on medical facilities. Hey, don't get me wrong...retirees are some of my favorite people, but too many in a single relatively small town may not be the smartest financial strategy.
No comments:
Post a Comment