What the ‘retirement village effect’ brings to a neighbourhood

If you wander the streets of Orewa any weekday, you will see cafes full to bursting and shoppers browsing racks of expensive clothing.

One thing they might all have in common? Grey hair.

Orewa is one of Auckland’s major retirement village hubs, with half-a-dozen of the developments within its borders. Units, townhouses and villas sit on the hills overlooking the suburb, looking down on their own bowling greens, swimming pools and gardens.

Local business association manager Helen Wilkins says the local businesspeople do well from them. While the younger residents are at work, cafes do a brisk trade with retirees. The residents in these villages, some of whom have paid more than a million dollars for the rights to their homes, are active, eating out often and not afraid to drop $300 on a shirt, she says.

That’s reflected in the make-up of the shops. If you wanted cheap clothes for a trendy teenager, you’d be out of luck,

“It used to be that people said you went to Orewa to die but that’s not so.”

Read more: https://www.stuff.co.nz/business/industries/104484682/what-the-retirement-village-effect-brings-to-a-neighbourhood

Susan Edmunds – Stuff

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