Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
With all the baby boomers retiring and the harsh winters they've had in the northeast recently (global warming notwithstanding), I imagine all of these southeastern retirement destinations will soon be overcrowded -- and overpriced.
We bought a very modest home near the bottom of the FL housing bust in 2012. Its value is $80,000+ more if we sold today. Meanwhile our NY town/village home is going from being taxed at 75% of its value to $100% next year. The reassessment was recently mailed out with values from 2013 when housing values were better. I predict grievance days in May will be packed there.
So I agree with you, southern locations will become even more overcrowded and overpriced with northeasteners. It won't be because of escaping the weather, as much as having onerous tax burdens placed on them to make up for an ever decreasing population.
I often think I should just buy a cheap oceanfront condo on Myrtle Beach now, while there still ARE some, and go from there when I retire and have more time and freedom to explore other areas that I may prefer. I imagine I could always resell it.
Status:
"Let this year be over..."
(set 20 days ago)
Location: Where my bills arrive
19,219 posts, read 17,088,442 times
Reputation: 15538
Reading all these posts are great! Were starting to look and have also considered the Myrtle Beach area and Florida. For us West Palm Beach South seems to be too congested for our liking and we haven't made it to the west coast yet. One poster mentioned that the gulf side seems to attract more mid-westerners/Canadians and the east coast more NYers etc. Does this hold true?
The only problem with MB is that there's no "there" there; I really need a big city nearby to be happy in retirement. You can't just stare at the waves -- however awesome they are -- 24/7. But it might not be a bad idea to secure a place just as a starting point?
The most you pay for a brand new car for tax is $300. The fee is every 2 years. Quite fair compared to what sales tax in FL is on a brand new car.
Property tax in South Carolina is every year not every two years. The $300 is a one time tax for purchasing a new car. Registration fees are every 2 years. The first year you would pay a max of $300 and the next year it would be reduced but still will be in the high $200's.
Your best bet in Florida is to buy the car at least 7 months before moving then you only pay the registration plate etc. fees which will be around $400 the first year. After that you can either register it every 2 years or every year. Also plan your first registration around the latest birthdate. That is put the person who has the longest away birthday. Say you move in January and one has an April birthday and the other a December birthday then choose the person with the December birthday to be the primary person as you have to register it again on the first day of the month of birth. Best yet, plan your move just after your birthday and you will get a whole year.
We bought a very modest home near the bottom of the FL housing bust in 2012. Its value is $80,000+ more if we sold today. Meanwhile our NY town/village home is going from being taxed at 75% of its value to $100% next year. The reassessment was recently mailed out with values from 2013 when housing values were better. I predict grievance days in May will be packed there.
So I agree with you, southern locations will become even more overcrowded and overpriced with northeasteners. It won't be because of escaping the weather, as much as having onerous tax burdens placed on them to make up for an ever decreasing population.
Yes, I absolutely agree about the onerous taxes. The loss of population is going to be a big problem also. Some smaller school systems have had to merge, but that is really detested on NY where almost every town has their own school system.
If you chat with folks on the beach in NC, SC, and FL, many are retirees from NY or Long Island in particular and often just cannot justify paying taxes in the mid-teens and choose to move.
The flip side is taxes have gone up in the South to deal with the booming population, school system growth, and new roads (which have lagged).
With all the baby boomers retiring and the harsh winters they've had in the northeast recently (global warming notwithstanding), I imagine all of these southeastern retirement destinations will soon be overcrowded -- and overpriced.
I would think the turn over is large with retirees as they die off......out with the old in with the new....sad but true.....so the population stays in check
With all the baby boomers retiring and the harsh winters they've had in the northeast recently (global warming notwithstanding), I imagine all of these southeastern retirement destinations will soon be overcrowded -- and overpriced.
The roadways are becoming ridiculous with traffic, even during summer months when snowbirders are up north.....even smaller cities, towns have traffic issues. The relief seems to be in the ultra-rural central FL towns where no one wants to live anway due to lack of amenities, hospitals - but in my opinion, it's "old Florida" and some of the more scenic, attractive countryside of FL.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
