Builders Bet on Boomer Boom

Herald Tribune - Housing sales may be cooling off, but that hasn't stopped developer Mark Hughes from moving ahead with plans for a new subdivision in Myakka City.
Like most builders, he's convinced that millions of baby boomers will retire to Florida during the next two decades, insulating the state from any downturns in the nation's housing market.
"It's like a funnel," he said. "From the Mid-Atlantic, the Midwest, the Northeast. They're coming to Florida.
"If recent trends hold, more than 200 boomers will move to Florida every day during the boomer retirement years, beginning in 2011 and continuing through 2029.
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