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baby boomers
Trends
- 1Baby boomers spend big renovating homes to age in place▼Baby boomers are aging in place and plunking down hundreds of thousands on renovating their homes
Baby boomers are increasingly choosing to stay in their own homes as they age rather than move to retirement communities, and many are spending hundreds of thousands of dollars renovating them to suit. The trend is drawing attention for its impact on housing supply and the home renovation market.
- 2Baby Boomer Homes at Center of Housing Supply Debate●Baby Boomers' Homes Spark Debate on Future Housing Supply
A debate is under way over what happens when baby boomers begin selling off their homes in large numbers. Some argue the wave of listings could ease housing shortages and bring prices down, while others say the homes are concentrated in areas with weak demand or will be passed directly to family members, limiting any real impact on supply for younger buyers.
- 3
The Wall Street Journal asks whether baby boomers have grown too attached to artificial intelligence, noting that its readers are split on the question. The debate touches on how older adults use AI tools in daily life and whether reliance on them is cause for concern or simply adaptation to new technology.