According to many recent studies, multi-generational living is on the rise, due to a number of economical factors coming into play.
The economy may have largely recovered from the depths of the downturn, but there’s a record number of grown children living with their folks. And with soaring housing prices, aging parents, and the changing ethnic makeup of the nation, the trend of multigenerational living looks like it’s just getting started. [Realtor.com]
If you have parents or kids living at home with you, or moving in, here's some tips for a successful living situation.
- Establish some home rules: discussing basic living rules will help everyone be a little happier and stress-free. Discuss things like schedules for laundry, establish family times, off-limit areas, etc.
- Discuss finances: how will every person be contributing financially to the home? Make a payment plan and schedule for everyone who is contributing to the mortgage.
- Discuss the chores: chances are, you want everyone to be contributing to the housework, so it will resolve any future issues if you discuss right away who is responsible for what and when. With many people in the home, a schedule might make sense.
Combining households is bound to bring conflict. The sooner you prepare yourself for that inevitable fact and devise a system for handling the situations, the better everyone will be in the long run. [Homes.com]
Are you looking to move into a home that can accommodate more people? Please feel free to contact me for some guidance.