Recently I came across this great article…
Builders across the country are revamping home designs to meet the needs of a growing number of Americans who are now living with extended family. The number of so-called multi-generational households — where adults are living with their elderly parents or grown children — has jumped since the Great Recession forced Americans to rethink living on their own. Demographic experts say it’s poised to rise further as baby boomers age, so-called “boomerang kids” walloped by the weak job market stay home longer and ethnic groups such as Asians and Hispanics, who are more likely to live with extended family, continue to grow.
Read More… king5.com
It is great to see builders and architects who are starting to see this trend and build homes for growing and extended families that opt to live together longer. Having a extra kitchen or a mother-in-law is very popular in the Asian culture. It is now becoming something a lot of other people are having to deal with due to the economy.
In my experience and in the areas we work in we have worked with builders to make sure they build to accommodate features that a multi-generational household would be looking for. Buyers are more adapt to move towards a home where the floor plan meets their needs.
The article also quotes Jim Park, vice chair of the Asian Real Estate Association of America, said he thinks multigenerational designs are a smart move, especially in light of Asian Americans’ preference for new construction and the community’s rising purchasing power.
What’s your opinion on this topic?
Comment below…
Posted via Seattle Real Estate-Seattle Homes For Sale
