Retirees on the move are boon to some rural communities

Older people who move to rural retirement destinations are sometimes called "grey gold" because of the boon they are to the local economies. But the newcomers also drive up housing prices and can have other negative effects on communities, two Cornell researchers have found.

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<p><a href="http://www.physorg.com/news125767711.html">Retirees on the move are boon to some rural communities</a></p> <p>Older people who move to rural retirement destinations are sometimes called "grey gold" because of the boon they are to the local economies. But the newcomers also drive up housing prices and can have other negative effects on communities, two Cornell researchers have found.</p>