{"id":2396,"date":"2022-02-03T15:43:25","date_gmt":"2022-02-03T15:43:25","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2396"},"modified":"2022-02-03T15:43:25","modified_gmt":"2022-02-03T15:43:25","slug":"millions-americans-discovered-benefits-multigenerational-households","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/millions-americans-discovered-benefits-multigenerational-households\/","title":{"rendered":"Millions of Americans Have Discovered the Benefits of Multigenerational Households"},"content":{"rendered":"
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Millions of Americans Have Discovered the Benefits of Multigenerational Households<\/p><\/div>\n

If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it\u2019s for financial or health-related circumstances, or simply because you\u2019ve reached a new phase of life, you might be wondering if living with multiple generations under the same roof is a good move for you. Many people have found themselves in a similar situation and they\u2019ve already made the choice to live in a multigenerational home<\/a>.<\/p>\n

What Is a Multigenerational Home?<\/strong><\/h4>\n

The Pew Research Center<\/em><\/a> defines a multigenerational household as a home with two or more adult generations. They include households with grandparents and grandchildren under the age of 25. As you weigh your options and decide if multigenerational living is right for you, here\u2019s some helpful information highlighted by other homeowners living with additional loved ones.<\/p>\n

The Benefits of Multigenerational Living<\/strong><\/h4>\n

A recent report<\/a> from Generations United <\/em>surveyed individuals living in a multigenerational setting and asked them about the key benefits of this housing arrangement. It says:<\/p>\n

\u201cNearly all Americans who live in a multigenerational household (98%) feel their household functions successfully<\/strong>, citing various aspects of home design, family relationships and interactions, and supports and services influencing their success.\u201d<\/em><\/p><\/blockquote>\n

The study identifies some of the top benefits of this lifestyle as an improved financial situation, better mental and physical health, strengthened bonds with loved ones, and more (see chart below<\/em>):<\/p>\n

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The Many Benefits of Multigenerational Living<\/p><\/div>\n

Those are just some of the reasons why most people who decide to live in this situation find it worthwhile. As Donna Butts, Executive Director at Generations United<\/em>, says:<\/p>\n

\u201cFamilies may come together from need, but they are staying together by choice.<\/strong>Indeed, more than 7 in 10 (72 percent) of those currently living in a multigenerational household plan to continue doing so long-term.\u201d<\/em><\/p><\/blockquote>\n

With More Adults Living Under One Roof, You May Need More Space<\/strong><\/h4>\n

If you decide to look for a multigenerational home, it\u2019s important to understand what everyone will need to make the arrangement work to its fullest. Something that often makes the top of the list for homeowners living with multiple generations is additional space<\/a> for privacy. This could mean more bedrooms and bathrooms or features like an in-law suite or a basement.<\/p>\n

If you\u2019re realizing your current house doesn\u2019t provide the room you need for multigenerational living, an expert real estate advisor can help you navigate the process to find the right home that works for you and your loved ones.<\/p>\n

Bottom Line <\/strong><\/h3>\n

Living in a multigenerational household has real and impactful benefits. If you\u2019re interested in learning more about these options in our local area, let\u2019s connect so you can find a home that fits your changing needs.<\/p>\n

Contact us:<\/strong>
\nPHP Houses
\n142 W Lakeview Ave
\nUnit 1030
\nLake Mary, FL 32746
\nPh:\u00a0(407) 519-0719<\/span>
\nFax:\u00a0(407) 205-1951<\/span>
\nemail:\u00a0info@phphouses.com<\/p>\n

Let\u2019s Connect:<\/strong>
\nFacebook<\/a>
\nLinkedin<\/a>
\nTwitter<\/a>
\nInstagram<\/a><\/p>\n

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The author will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.<\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"

If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Finish Reading Millions of Americans Have Discovered the Benefits of Multigenerational Households<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[59,38,414,18,449,27,91,86,52,9,49,348,42,40,53,367,63,48,28,47,19,6,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2396"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=2396"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2396\/revisions"}],"predecessor-version":[{"id":2399,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2396\/revisions\/2399"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=2396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=2396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=2396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}