Retirement Migration as an Economic Development Tool

9 October 2006 - 8:00am

Can retirement migration be a replacement for former industries?

"Active people 55 and older, experts say, can serve as a new economic development tool or a complement to efforts to replace jobs that vanished, decimating local tax bases... Empty-nesters don't crowd schools. They don't clog roads at rush hour. They can bring a wealth of time and talent. And they spend money on local goods and services, creating a financial impact more than three times greater than that of a new factory job, studies have found."

Source: The Charlotte Observer, October 6, 2006
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Maybe it's time that planners take a cue from what's been going on in mainstream society. Maybe we could make decisions on project proposals more quickly if we just embrace the sound bite.