Multigenerational Living on the Rise

Families are something we all have yet, they come in a multitude of shapes and sizes. For some, it consists of few, for others many. Maybe you were an only child? Or maybe you had multiple siblings and even lived with your grandparents. Something that may not be as common to some is becoming a
more popular experience, i.e multigenerational households. 

So what is a multigenerational household? It’a pretty much like what it sounds. A multigenerational household is one with grandparents and grandchildren, or one with two or more adult generations living in the same household, as defined by the Pew Research Center. This phenomenon in the last eight years has gained popularity among American households with approximately 20 percent, or 64million of society taking part
in it. 

Why is this phenomenon becoming more popular? Well, there are actually quite a few benefits, for all generations involved. Caregiving becomes easier, younger generations or children are able to form stronger bonds with their grandparents and everyone saves money. Studies have also found that Americans are also living longer, retiring later and living more active lifestyles in these situations, according to a study done by the Harvard Joint Center for Housing Studies. So while there are many senior living options out there, it seems like many are choosing to just stick close to home. 

Read More: https://www.curbed.com/2017/11/21/16682850/multigenerational-homes-millennials-immigration-family 

https://www.washingtonpost.com/realestate/homes-with-multigenerational-family-members-are-a-growing-trend/2018/04/11/b6fd2eda-ffa9-11e7-9d31-d72cf78dbeee_story.html?utm_term=.b04fd15ef19d