WILMINGTON, NC - WILMINGTON, N.C. (AP) - Tourists who visit the Carolinas and then return later to stay for good is the topic of a forum being held on the coast.
Experts from the University of North Carolina at Wilmington and Coastal Carolina University in Conway, S.C., discuss so-called "turbo-tourists" at the forum on Tuesday on the UNC-Wilmington campus.
One of the speakers is Patrick Mason, co-founder of the Center for Carolina Living.
Mason said the impact of newcomers settling in the Carolinas approaches $30 billion a year with an estimated 39,000 housing transactions annually.
So-called "turbo tourists" are more affluent visitors who vacation in the Carolinas. The turbo effect comes when they move to 1 of the states, permanently investing in homes and, at times, new businesses.