Austin, Texas
In recent times, many retirees have been flooding out of California to get away from the heavy traffic and high cost of living, and the majority seems to be settling in Texas.
And even though the slow-paced, easy living of the southern part of the US sounds attractive, Austin isn’t the refuge one might think it to be. Retirees have found rental and housing prices much higher than they expected.
The infrastructure can’t handle the rising population, causing enormous amounts of traffic. And the more people that move to Austin, the higher prices rise. In addition, many people found that real estate agents lure potential buyers with false hype and misinformation.
For instance, if you’re from California and see that someone is advertising a $500,000 house, that can seem like a steal. But when you take into account property taxes, cost of living, location, and heavy traffic, you might just change your mind.
Real estate agents know how popular the Lonestar State is right now, and many are taking advantage of this information.
4 thoughts on “6 Major Cities Where Seniors Regret Purchasing a Home”
LOOKS like 9 out of 10 are DEMOCRATICALLY RUN CITIES !!!
C’mon people wake up !!!
OK 5of6 ,,,
I live in Virginia Beach, Virginia, and love it! Retired and single, lots to see and do! Crime is rising, mostly stolen cars. I take buses bc I’m native New Yorker. Beautiful natural areas. Good climate. Love being outdoors in clean air, under trees, or by the water.
Asheville NC use to be a beautiful place to live but the policies the mayor has supported have destroyed this small city. Crime, mostly due to homeless drug addicts, have made Asheville a very dangerous place to live.