Cost of Living Sparks a Boom in Multigenerational Homes
TL;DR Summary
Rising prices and stagnant wages are pushing more American families to live under one roof across generations, with grandparents helping care for kids and adult children teaming up to buy homes. Builders are responding with plans that include attached or separate living spaces to balance togetherness and privacy, and data show multigenerational home purchases rose from 14% to 17% of buyers between 2023 and 2024.
- Life is getting too expensive for Americans to manage on their own. They're turning to multigenerational homes. Business Insider
- The Rise Of The Multigenerational Mansion Forbes
- Multigenerational houses in demand for cost savings, family needs Newsday
- Multigenerational living gains ground in Florida markets | Florida Realtors
- What’s Bedford Thinking? — Multigenerational Living The Bedford Citizen
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