The land is part of the equation, but more so the impact on government services. More retirees is more burden on local healthcare and emergency response. They

The land is part of the equation, but more so the impact on government services. More retirees is more burden on local healthcare and emergency response. They may contribute to the local tax base, but the turnaround between increased population and new hospitals/firehalls is often measured in decades. Have a look at how long it takes to get a new firetruck these days, let alone the people to run it.