Considering Moving Your Loved Ones (Parents or Kids with Grandkids) into Your Home?
Several factors contribute to the rise of multigenerational households: immigration trends, postponed marriages, increased life expectancy, housing prices, young adults returning home, women entering the workforce, and the impacts of difficult economic conditions that affect long-term job stability. Young adult children often return to live with their parents when financial resources are limited, challenges arise, or uncertain times are on the horizon. Years later, middle-aged children frequently become a source of support for their parents. For some elderly parents, moving in with their adult children may be the best option.
Multiple kitchens, separate entrances, and more than one master suite are the norm in multigenerational dwellings.
Multigenerational living can be a marvelous bonding experience, a chance for you to know your parent in a new way. It helps your aging parent avoid the sense of isolation and depression that may come with living alone. By this time in life, however, you both have established ways of doing things. Your likes, dislikes, values and personalities have evolved. No matter how close and loving your relationship may be, adding another person(s) to the household changes the dynamics for the entire family.
Only few have the means to construct an adjacent or adjoining residence for the loved ones; for many, space or finances constrain them from developing customized residence, within few steps of their own home, to provide their fulsome support.
