According to a 2014 study by the National Association of Realtors, 14% of all buyers are purchasing multi-generational homes. A 2014 Pew study estimates that more than 50 million people live in multi-generational homes. While cost savings (18%) and health/caretaking of aging parents (15%) are some of the reasons for the growth, the primary reason is children over 18 moving back into the house (38%).
Another study looking at habits of Millennials (born between 1980 and 1984), found that 90% move out of their parents’ homes by age 27 – and 50% of those individuals move back to their parents’ homes.
And everyone has an opinion of how they’d like to create their own personal spaces. Although every family has unique circumstances, there are a few things you can do to help make life a little easier for everyone.
Maximize Space for Multi-generational Families
Categories
Archives
Recent Posts
Recent Comments
- Patrick Martinez on Father's Day TV Lift Cabinet Giveaway Announcement:
- Walter Barry Crist on Father's Day TV Lift Cabinet Giveaway Announcement:
- Sherry Humphreys on Father's Day TV Lift Cabinet Giveaway Announcement:
- Sue Hieber on Father's Day TV Lift Cabinet Giveaway Announcement:
- Mary Crist on Father's Day TV Lift Cabinet Giveaway Announcement:
My Wish List