Retirees on the move are boon to some rural communities

User rating: not rated yet

Two Cornell researchers have found that in New York 12 counties -- of which nine are rural -- have more older adults moving in than moving out. In particular Yates Essex Warren Delaware Sullivan and Greene counties red on the map have high in-movemen ...
Two Cornell researchers have found that in New York, 12 counties -- of which nine are rural -- have more older adults moving in than moving out. In particular, Yates, Essex, Warren, Delaware, Sullivan and Greene counties, red on the map, have high in-movement of older people. The gray counties have low-to-moderate in-migration.

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.


Full story »

All News summaries from General Science news
All News summaries for March 26, 2008