Real Estate for Multigenerational Living
Posted by Ken Richter on
In recent years, there has been a notable shift in the way families choose to live together in Calgary, Alberta homes. Multigenerational living, where several generations of a family reside under one roof, is becoming increasingly popular. This shift is reshaping the real estate market, as homebuyers seek properties that can comfortably accommodate the needs and preferences of multiple generations.
Multigenerational living is a departure from the traditional nuclear family model, where parents and children live separately from grandparents or other extended family members. Today, various factors are driving this trend:
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Economic Factors: Rising housing costs, student loan debt, and the desire to save money on childcare and elder care have…
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