[quote=sdrealtor]I’m going to have to disagree with TG. I sold a place to a retired 75 yr old law professor in downtown a couple years ago. There are lots of older folks from back east that like a city but want good weather. They want to be able to jump in a cab to the airport to travel, walk out the door to read the paper at a coffe shop, walk to the baseball stadium and walk to dinner without depending upon a car. For him, he also liked the idea of walking to the court house to watch the law in action. I’m not saying he’s the majority but there are plenty of folks like him. When we were looking in the nicer buildings, there were full of folks like him.[/quote]
Part of center city Philly’s resurgence was based on empty nesters and retirees moving BACK to the city after they’d fled to the burbs to raise their kids. The city offered the restaurants and culture they wanted – and they no longer worried about school quality. And for retirees – no wage tax concerns.
I know several older couples who fit this bill – moved to Montgomery county and Bucks county when their kids were young… One is living in a high rise overlooking boat house row and the art museum, another lives in Old City.
(Oh – and when we go visit – we stay with a family with kids… they live in a GORGEOUS row house a block from Rittenhouse Square. And yes – they have a community garden plot, and their “yard” is a roof deck. They love living in the city with their kids… so some people enjoy the lifestyle.)
