Many people 65 and older are looking forward to a stress-free retirement in a nice part of the country. Unfortunately, housing prices are increasing in these sought-after locations, and the skyrocketing cost of living is not ideal for your retirement plan.
Spending a significant chunk of your monthly income on rent will quickly drain your net worth, and it’s a money mistake you should try to avoid.
We spoke with several real estate professionals to understand the market’s direction in popular retirement towns. Here are 10 popular retirement cities where rents are projected to significantly increase…