Silver tsunami of retirees set to change Asheville

‘Silver tsunami’ of retirees set to change Asheville

– that’s the title of a recent article from the Asheville Citizen Times

The next fastest growing age segment in Asheville is among people older than 75. That population is projected to grow by about 15 percent in the next five years.

greying of AshevilleThe aging trend exists beyond Asheville’s city limits.

The Buncombe County Aging Plan for January 2013-December 2017 estimates the number of individuals age 60 and older are expected to nearly double in Buncombe County during that time.

Where do all these new Asheville people come from?

I know many people who have come to Asheville from all over the country. Most of these folks are mature, or maybe even seniors, who have chosen Asheville based on the beauty of the surrounding geography and the amenities.

What does that mean to people already in Asheville area?

Raised Cost of Housing: Retirees have been shaping Asheville home prices by buying second-homes at prices locals cannot afford. At the same time, the retirement-aged population is also one of the most vulnerable communities impacted by rising housing costs.

People moving to Asheville from the Northeast States, see the housing prices as a real bargain. This is creating a high demand for housing, driving housing costs way above other areas in North Carolina, and in other areas such as the Upstate of South Carolina.

Bottom line, everyone is going to pay more, even if you grew up in the Asheville area.

Then what’s the solution?

  1. Move away
  2. Make more money

Obviously, moving away is not the first choice for many people, and there are issues in learning how to make more money. 

Well, how do I make more money?

  1. Getting a second job – that generally keeps you with the same problem in a larger scale
  2. Starting a business – a better idea but where can you find out how?

In the interests of time, I will post more information on Option #2 tomorrow.

Wishing you success, and come back and visit tomorrow.

Be blessed,

Ron
Lasso Your Dreams
Ron McLean, the Dream Roper, helping YOU Lasso Your Dreams
text/cell: 864-404-6696
dreamroper.com
Schedule a call – ronmclean.biz
 

 

PS: We have a great business growth plan, and if you want to learn about the excitement, text me or click the link above