Multifamily Property for Sale: How To Buy a Multigenerational Home
Briefly

The trend of multigenerational living is surging, with 17% of home sales in 2024 reflecting this shift. Driven by housing affordability issues, families are opting to live together, creating new demands for home design suitable for multiple generations. Experts emphasize the importance of assessing family needs, including individual roles and accessibility considerations. Open communication about caregiving responsibilities is vital to avoid conflicts. Overcoming challenges in finding suitable properties is essential for families looking to invest in shared living arrangements.
Younger and older homebuyers are increasingly opting to live together, driving trends in multigenerational homes as they account for 17% of sales in 2024.
Multigenerational living is a rapidly growing trend across the U.S., largely driven by the affordability and availability crisis in housing.
There are interpersonal potholes to be avoided when putting two or more generations under one roof; the quality of relationships must be prioritized.
Discussing caregiving roles and shared responsibilities is crucial in multigenerational homes to ensure all members have clear expectations before the investment.
Read at SFGATE
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