Retirees Breathe New Life Into Fading Towns
Increasing numbers of cities and states are turning to retirees for economic growth.
"Shorn of the old-line industries that once gave them prominence, increasing numbers of cities and states are turning to retirees for economic growth.It is, in many ways, a reversal of traditional thought, which long feared that elderly residents would strain services, particularly healthcare. Instead, it is by luring those residents -- a new generation of retirees more interested in staying connected than in escaping into isolation -- that many of these cities have begun to regain a measure of their former prosperity."
Thanks to Laura Kranz
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Published on Tuesday, May 27, 2003 in
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