Why More Families are Choosing Multigenerational Living, and How it Affects the Housing Market
Posted by Judy Orr on
The New American Household: How Multiple Generations Are Reshaping Housing
Remember the classic American dream? A young couple buys their starter home, upgrades to something bigger when kids arrive, and eventually downsizes when the nest empties. Well, according to Warren Buffett's Berkshire Hathaway HomeServices, that linear housing journey is being rewritten before our eyes.
Imagine coming home from work to find your father teaching your daughter his secret spaghetti sauce recipe in the kitchen. Your mother tends to her beloved houseplants on the patio, while your brother wraps up a business call in his upstairs office. This isn't the setting for a holiday gathering—it's Tuesday evening in millions of American households.
This scenario…
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