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Retiree havens turn younger to combat housing bust
Monday, December 1, 2008
(From The Wall Street Journal) DEERFIELD BEACH, Fla. -- For Sheldon Behr, buying a condo in Century Village East has meant the chance to live out his retirement years with other older adults who enjoy golf, long walks and comedy nights at the clubhouse. But with the financial crisis deepening and the housing market stalled, a growing number of units at the 55-and-over community are lying vacant. (Registration required)
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