Thursday, August 21, 2014

Homeowners Create In-Law Suites for Aging Parents

Homeowners Create In-Law Suites for Aging Parents
Demand for in-law suites is on the rise as baby boomers age, and with the cost of care-giving facilities and services soaring, it may be more affordable for parents to move in with their children. More homeowners are remodeling their dwellings to create in-law suites for aging parents. As more generations pile under one roof, the median size of homes has risen by nearly 1,000 square feet in the last 40 years-from 1,525 square feet in 1973 to 2,491 square feet in 2013. In Post-Recession Era, Young Adults Drive Continuing Rise in Multi-Generational Living.  Builders are responding, read more.

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