Courtesy: Joint Center for Housing Studies of Harvard University

Baby Boomers dominate renovation spending. Courtesy: Joint Center for Housing Studies of Harvard University

Don’t be misguided by what you see on HGTV. The renovation market is not being driven by young couples out to feather their first nests. According to a report released by Harvard Joint Center for Housing Studies, Baby Boomers, motivated by changing accessibility needs, currently spend more money than any other generation on housing renovations – and will continue to do so over the next several years.

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