Working Papers Housing Turnover by Older Owners: Implications for Home Improvement Spending as Baby Boomers Age into Retirement George Masnick, Abbe Will, Kermit Baker • March 14, 2011 W11-4: As baby boomers relocate or downsize in retirement, or simply die off, they will release a very large amount of housing onto the market. Older homeowners (age 55…