Thursday 17 May 2012

Why we no longer retire by the seaside and moving inland instead.

Traditionally, seaside towns have always been hotspots for retired folk. However, Britain's elderly are now shunning the coastal seaside resorts and their bungalows and moving inland.
They prefer to live inland locations such as Lichfield than by the beaches of Bournemouth, recent demographic data suggests.
Birkbeck, a college of the University of London, found that the retired populations of some seaside resorts are growing slightly and slowly. Several of these resorts saw only an increase of under 10% during the period of 2001-2009.
Some of these coastal towns includes Bournemouth, Dorset and Salcombe, Devon.  Southwold in Suffolk are even losing their older people generation. So the retired population in the Suffolk seaside resort of Southwold is declining.
In the same period, the retired populations of some inland towns have increased, contributing factors are a combination of people moving to them and indeed the elderly not leaving or moving when they retire.  In Lichfield, Staffordshire, the number of those 65+ has increased from 14,500 to 19,600 since 2001.
It is also thought and considered that second-home buyers from London are also pricing the retired population out of the housing market in some of these coastal towns.
During the 1970s, when retired Britons began to make home in the seaside towns, they did because these areas were associated with leisure and a quieter pace of life. But those approaching retirement today appear to have even higher expectations as they've been abroad or perhaps even own a holiday home abroad.  They are also finding better services in some of the smaller inland towns.
The oldest age groups are the fastest growing and the number of those over the age of 85 is expected to more than double from 1.4million to 3.5million within 25 years, figures from the Office for National Statistics state.
Seaside towns were popular in the 1970-80s for people to retire and live in and today many of these people are still alive today because we have an increasing number of elderly people living into their 80s-90s.
So as our elderly population has aged rather than passed away, it has decreased the numbers of apartments, bungalows and flats with sea views that are available. As previously, a 65yr old would move there and perhaps pass away at 74yrs, and so on. And building and planning regulations and constraints on building along the coast have added further pressure on the availability of housing for the retired population.

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