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How the 2021 home-improvement boom became another division between boomers and millennials

Home Improvement

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The other side of the housing boom is here: home-renovation projects.

As Americans were left with more time on their hands and more time in their houses, they began fulfilling their wildest HGTV fantasies. Home improvement and repair spending grew by nearly 3% to $420 billion in 2020, per a recent study by Harvard University’s Joint Center for Housing Studies (JCHS).

 

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