Quote:
Originally Posted by Belmont Resident
You really should seek out the program the WMUR ran about the downfall of the economy in NH as a whole and why.
Everything you are stating is in fact happening and is also the reason why so many places are closing down. Old people in general do not do as much as the younger generation does to promote the local economy. They are not in most cases as active and many are looking for senior discounts and frugal with their retirement money. Not a bad thing 
As for the rich ones I believe you will see most of them either leaving when they retire because of our cold winters, or splitting their stay between here in the summer and south during the winter. |
I'm aware of the many studies BR that point out the demographic changes that await NH as the population ages. My point is, that outside of some sort of gold-rush that brings young familes flooding into the Lakes Region, we have to deal, and adjust to the reality that we are faced with.
Demographcs are destiny,,,,,and geography is static. This is a rural area that depends on tourism & retires to juice the economy, and that's not going to change in our lifetime. We need to work with what we have. I'm all for woking with any business that wants to bring good paying jobs up here, but in reality, for the reasons I have stated above.....we are never going to be that kind of a job creating region.
I think an awful lot more well-off retired folks are going to be moving up this way in the next 20 years. In any case....that's what we have to work with plus the tourists. As for the rich retires leaving......some will. But most of them come from Boston & will want to be near family.