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Boomers Seen Boosting New-Home Sales as Millennials Wait

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Michael Jay, a New England radiologist who retired this year at age 64, traded heating bills and Massachusetts state income taxes for a three-bedroom house on a Florida golf course.

“If you don’t need a big Northeast job, then there’s nice living in other parts of the country,” said Jay, who in September moved with his wife, Susan, into a 55-and-over community near Tampa.