Annapolis, Maryland – June 1, 2007 — Topretirements and the magazine “Where to Retire” both rate Annapolis Maryland as one of the best places to retire – if you can afford to live there. The community has charm, history, a beautiful downtown, the U.S. Naval Academy, and plenty of drop-dead waterfront.
It is a great place to live, but according to the Washington Post, not everybody is happy about its reputation as a great place to retire. The main reason is because of the city’s policy of trying to encourage retirement housing as a way to discourage overcrowding and having to build new schools.
If a school district fills up, no more housing can be built there unless it is for seniors – a constituency typically with no school age children. While this saves the city money by not having to build more schools, it has other negative effects. Parents of school age children are concerned that an increasing preponderance of seniors means school budgets might be harder to pass. Builders are upset that they often can only build units for people over 55, when the market might be calling for something else – like affordable housing. For more details here is the link to the Washington Post article:
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