From a Wall Street Journal online article:

The jewel-box home—small, but loaded with amenities and costly finishes—is luring more home buyers. An analysis by Home Innovation Research Labs, a subsidiary of the National Association of Home Builders, found that the number of new-construction luxury homes at 3,000 square feet or less has increased nearly 20% since 2013—with a corresponding decline in larger-size, high-price homes.
Changing demographics might be driving the trend. More than half of all households now consist of single people or couples, U.S. Census Bureau data shows—with traditional nuclear families accounting for just 20%.
“Empty-nesters want to downsize, but they want luxury homes not starter homes—luxury kitchens, marble surfaces, all the latest and greatest,” said Tim Costello, CEO of Builder Homesite, a consortium whose New Home Source website—an online clearing house for new-construction homes—tracks home buyers’ preferences.
To read more: https://www.wsj.com/articles/luxury-homeowners-put-a-ring-on-jewel-box-homes-11576081060
The percentage of boomers who own a pet grew from 50% to 54% between 2008 and 2018. Among the oldest boomers — those between 70 and 74 — the percentage of pet owners rose from 41% to 45%. In contrast, the percentage of pet owners between the ages of 18 to 39 dropped from 63% to 61% during that time frame. Among consumers 40-54, the percentage of pet owners held steady at 64%.

“Today, most of the seniors we serve are utilizing easy-to-use mobile phone products and connected devices that are tailored for seniors and come with a range of relevant services,” Best Buy CEO Corie Barry said during an earnings call Nov. 26, according to a transcript from
Retirements must evolve because everything won’t work out as planned, says Carolyn Taylor, president of Weatherly Asset Management, an investment-management firm in Del Mar, Calif. One of her clients, who worked in the biotech industry and had a very busy family life, trained before retirement to become a master gardener. As she trained, she found that she enjoyed teaching others and finally became a teacher of gardening, Taylor says.
Baby boomers remain the base of traditional PayTV. Even with the quickening decline of bundled TV services,
The traditional video marketplace is no more. Driven by a combination of technologies including high-speed internet access, billions of mobile devices, and falling prices for high-resolution displays, television as we have known it for decades is undergoing a radical reinvention, one that will reshape the media ecosystem. Just in the last few months, game-changing streaming services have been announced or launched from industry giants including Disney and NBCUniversal, spurred in part by billion-dollar investments from newer entrants such as Netflix, Google, and Apple.





