It’s not long been a secret the the city where you left your heart would be the place to hang your hat during your golden years. Many of the high end luxury residences like The St. Regis, The Four Seasons, and newcomer The Millenium are just following in the footsteps of some of the older treasured properties in the city.
The entire Yerba Beuna and Downtown areas have been transformed over the past 10 years and it just keeps getting better. We have been seeing a lot of boomers coming in up from the South Bay for a while now, selling off their suburban home for a little something closer to the city’s lights and markets. According to one of the major developers in the Rincon Hill area, one in five buyers is 61 or older.
I can only imagine this is a trend that will continue on for the next several years. With our proximity to all things California and beautiful weather, what’s not to love about a place like SF heading into the prime of your life?
Video courtesy of The USNews.com
Thu, Nov 6, 2008
featured