October 17, 2006
Dream House Of A Baby Boomer
Dream House Of A Baby Boomer
Every eight seconds, another baby boomer turns 60. And as the trendsetters of the generation head for retirement, they're yearning for their dream homes.
But their idea of housing utopia doesn't necessarily hinge on spending quality time with the grandkids, according to a study commissioned by publisher Hanley Wood and released this week at the company's American Housing Conference in Chicago.
More than a third said their adult children and their own parents are not a consideration in creating their dream homes. Sixty-three percent said enjoying their home after age 60 is a priority above or equal to spending time with the grandchildren, and just 35% said they'd relocate to be closer to family and loved ones.
Read more about baby boomers' housing preferences…
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