How a Return to Multigenerational Living is Shifting the Housing Market
CURBED
By Patrick Sisson
Donna Butts remembers one of the moments that sold her on the idea that there was a sustained rise in the number of multigenerational households. As executive director of Generations United, a nonprofit that promotes intergenerational living, she was called to do an interview on the topic for a Louisiana radio station a few years ago. The host seemed wedded to stereotypes: He’d never want his mother-in-law to move in, since she’d be intrusive and annoying, and adult kids living with their parents were strictly a sign of spoiled millennials.
About author
You might also like
Slight Slowdown in Sales but Continued Stability in California Housing Market
Existing home sales softened in May to 423,360 units from 427,880 in April. Nevertheless, the May number was 8.9% above the figure from May 2014 and represented the second highest
Millennials Want to Own Homes Too, If U.S. Economy Would Consent
Kelsey Marshall and her boyfriend Chris Eidam, both 27 years old, call the home-buying process “terrifying.” But they’re clear about one thing: It beats the heck out of renting.
Cities Can’t Assume a Continued Boost From the Young
Over the past decade, many American cities have been transformed by young professionals of the millennial generation, with downtowns turning into bustling neighborhoods full of new apartments and pricey coffee