According to Fortune magazine, the Tampa Bay area is in fifth place on the list of the most affordable place to retire in the United States. The magazine stated that the mortgage crisis has given locales more realistic prices. Miami was in first place, followed by Las Vegas, Phoenix, San Diego and then Tampa. “Tampa, with its more blue-collar feel, offers the same brand of South Florida living at a far more affordable price,” the magazine said. Fortune stated that Tampa, St. Petersburg, Clearwater has a prime “rebound” market. The article said. “Its relatively strong local economy, coupled with the fact that the bust hit here earlier than in some other markets, means that the downside may have largely played itself out.”
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