Who’s Moving In? Adult Kids, Aging Parents

Multi-generational households are likely to proliferate in coming years, if a new PulteGroup survey is any indication. Of more than a thousand homeowners polled, nearly a third anticipate having adult offspring or aging parents eventually living under the same roof. About one in seven, meanwhile, say that is already the case for them. Home builders are responding with new floor plans and features. “We’re looking at housing now for usable space,” explains PulteGroup’s chief marketing officer, Deborah Wahl Meyer. “How do we make it practical?” One way, she says, is by eliminating showy living rooms and formal dining areas that are used only on occasion. Instead, builders are incorporating such designs as multiple master suites on different levels to accommodate adults relatives and open, multifunctional space off the kitchen where kids can do homeowners and parents can pay bills. | Read More