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Texas is the new retirement mecca
LA Times ^ | 11/7/2009 | Don Lee

Posted on 11/07/2009 7:14:29 PM PST by Saije

After trying out Pasadena, Atlanta and Miami, Lilian Junco decided this was the place to retire. Being near her son was the first attraction, but soon she was drawn in by the same combination of features that has lured tens of thousands of others from out of state: Gulf Coast living and super-low costs.

With some of the country's lowest prices for housing, gas and food, no state income tax and one of the most resilient economies in the nation, Galveston and other parts of the Lone Star State are emerging as the new Florida.

This week, Florida disclosed population figures that show a decline of 57,000 over the 12 months ended April 1, the first annual drop since the 1940s. Much of the loss has come in parts of southern Florida that long attracted retirees.

Meantime, other Sun Belt states such as Nevada and Arizona have been hit hard by the recession, and expensive California has long seen more people leave than move in, a domestic migration measure that doesn't include foreign immigration or births.

But Texas, which has weathered the current recession better than most parts of the country, is almost booming, in part because an earlier oil industry crash had left the state's banks too shaken to go on the home-mortgage binge that ended up crippling so many other states.

Texas' population, the nation's second largest at about 25 million, is expected to be boosted this year by net inflows of at least 150,000 people from other states, said Karl Eschbach, the state demographer. Seniors are a growing part of that trend, lured by aggressive campaigns from state officials and developers.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Culture/Society; US: Texas
KEYWORDS: retirement; texas
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To: Mjaye

Humidity is only a problem near the coastal areas. Most of Texas ranges from semi-arid to desert.


41 posted on 11/08/2009 8:18:49 PM PST by PAR35
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To: PAR35

Humidity is only a problem near the coastal areas. Most of Texas ranges from semi-arid to desert.<<<<<<<<<<<<<<<<<<<<

Glad to hear that, as I won’t soon forget Houston in July one year, first ever visit, my then-little kids just about fainted getting off the plane at the airport!


42 posted on 11/09/2009 10:17:14 PM PST by Mjaye
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To: Saije
Sun Belt states such as Nevada and Arizona have been hit hard by the recession, and expensive California has long seen more people leave than move in

How can California be expensive if it was destroyed, and imploded with the illegal taking over?...lol

In any event, since the greedy developers totally over built parts of California, to the point where it choked off 12 lanes of freeways with people, I welcome anyone that wants to leave, to do so quickly. You honestly have my best wishes!

See ya!

43 posted on 11/09/2009 10:30:29 PM PST by dragnet2
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To: Charles Martel

After all the rain, we have Fire Ant mounds that need blinking lights to direct air traffic away. I’m just saying...you don’t want to come here. Unless you think Reagan should have been a little more right wing. Then, ok, we’ll clear out a few mounds for you. The rest of ya, stay home. For our southern brothers, No tienes mas casas!


44 posted on 11/09/2009 10:37:53 PM PST by Republic of Texas (Socialism Always Fails)
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To: WalterSkinner

Muleshoe here.


45 posted on 11/09/2009 10:43:20 PM PST by hobson
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