Quote:
Originally Posted by PhillyRising
Exactly.
My parents moved to Florida. I'd say by year 3 they were sitting in the condo most days. They stopped going to the beach. They never used their condo complex pool. What was the point. They moved back to PA after 9 years.
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My grandpa moved back to MI from Tampa and my uncle and aunt moved back from California. They had different reasons and were from different sides of my family but it came down to preferences, community & quality of life. My uncle has deep connections with U of M he’s a doner and season ticket holder he could afford to fly out for big games but the opportunity came to buy a lake house in Brighton for 180k in 2012. Their home in California was something like 500k so it was a great deal for them especially considering that house has to be at lest 4x its value now so they probably made money.
My grandpa had a great community in Tampa for dirt cheap he bought into a “luxury” mobile home community when it was on the verge of bankruptcy after the baking crisis of the 80’s hit Flordia real estate hard. My grandma passed two years before the recession & the neighborhood in financial trouble again opened up its units to people under 50 and it ruined the tight knit community for him.
He had other options his brother lived in Dallas and was quite well off but he already did the sunbelt thing. He lived 102 and had a good quality of life and independence right up to the end. Can’t say things would have been better or worse if he moved to Texas, Arizona or California but he was happy.