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All in the family: The rise in multigenerational homes

The article from Local12 discusses the increasing trend of multigenerational homes in the U.S., driven by economic factors such as rising housing costs and the desire to provide care for aging family members. According to a recent study by the National Association of Realtors, about 14% of home buyers are now purchasing homes to accommodate multiple generations, up from previous years. This shift is also influenced by cultural changes and the need for shared financial responsibilities. The article highlights that these homes often require specific features like separate living areas or in-law suites to maintain privacy and comfort for all residents. Additionally, the trend is supported by a growing acceptance of multigenerational living as a practical solution to modern economic pressures.

Read the Full Local 12 WKRC Cincinnati Article at:
[ https://local12.com/money/mortgages/rise-in-multigenerational-homes ]