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Why do so many Cape Cod residents have second homes in Florida? I mean, people live in the rest of MA year round. Are there a lot of retired people living in Cape Cod?
You must be young. You have it backwards. People live in Florida and have a second home here. Why? Because there's no income tax in Florida, so they save money, which is important when you're retired.
Why do so many Cape Cod residents have second homes in Florida? I mean, people live in the rest of MA year round. Are there a lot of retired people living in Cape Cod?
Yes, and also some people have employment situations where they are able to work from home so all they need is an internet connection.
You must be young. You have it backwards. People live in Florida and have a second home here. Why? Because there's no income tax in Florida, so they save money, which is important when you're retired.
Yes, but that still doesn't answer my question, . Why Cape Cod? Why do Floridians choose Cape Cod as supposed to anywhere else? If you travel to the Cape, you'll see loads and loads of FL license plates.
Last edited by CaseyB; 08-23-2009 at 10:50 AM..
Reason: I don't believe it was meant like that.
Yes, but that still doesn't answer my question, . Why Cape Cod? Why do Floridians choose Cape Cod as supposed to anywhere else? If you travel to the Cape, you'll see loads and loads of FL license plates.
My response wasn't meant to be rude at all. It was an observation based on the idea that in general adults would know it was because of the tax issues.
They choose Cape Cod because it's scenic, quiet off season, and the taxes on real estate are lower than most other seaside areas in Mass.
I think C.M. explained it well. What you are seeing are probably former Mass. residents that moved primarily to Florida in retirement (weather, taxes), but enjoy escaping the Florida heat in the summer.
Some of they might have had a primary residence here and also a summer Cape home, and then in retirement, they sold their primary residence and bought one in Florida instead (keeping the Cape house).
On the less practical side, I think because it's also a beautiful, slow paced seaside area that offers a wealth of cultural activities during the summer.
Primarily it's the weather. Most of the FL license plates you see belong to retired folks called "snowbirds". Most are native New Englanders who "fly" south in the winter and return north in the summer. They no longer wish to deal with New England winters, and the Florida summers are just two darn hot. They get the best of both worlds. Year round golf!!!!
A little condo in Florida for the winter and a nice house on the cape in the summer. No state income tax in Florida so they have a Florida residency, hence the Florida plates.
because older people live in both places. It's an ideal....Cape Cod in the summer and Florida in the winter. Older people don't want to deal with the cold/snow in the winter and the oppressive heat that Florida has in the summer.
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