A recent economic status report, updated to within a year ago noted that Lincoln County’s economy is being supported more and more by a category called “transfers.” That’s economists’ lingo for RETIREES and young investors who do a lot of day trading. The net effect is more and more money pouring in to Lincoln County that has little to do with timber, tourism or fishing.
And lo and behold now comes another report that shows that Lincoln and other mid-to-southern counties are seeing a rapid in-migration of these “transfer” families and individuals based on from where they file their income tax returns.
These remarkable trends are found in The Oregonian. Click here.