Baby Boomers Spend Hundreds of Thousands Aging in Place — SkimNews
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- Baby boomers are aging in place and plunking down hundreds of thousands of dollars renovating their homes, according to Fortune.
- Housing demand faces a rising headwind and is set to decline as the baby boomer generation ages, per the Joint Center for Housing Studies and Pro Builder.
Why it matters: Remodeling contractors and aging-in-place specialists are the near-term winners as boomers invest heavily to stay put, while the broader housing market faces a structural demand drag as the largest homeowner cohort ages and eventually downsizes.
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