Multigenerational Living Is on the Rise—Rules Every Family Needs First
Summary
Multigenerational living, where multiple generations of a family share a home, is becoming more common in the U.S., with nearly 60 million Americans living this way. Expert Juli Ford shares practical advice for families to succeed in this living situation, focusing on clear financial plans, personal privacy, communication, and choosing the right home.Key Facts
- Almost 60 million Americans now live in multigenerational households.
- Juli Ford has lived in a multigenerational home for over 11 years with her family.
- Money is the biggest source of conflict in multigenerational homes, so families should make clear financial plans and consult lawyers.
- Private spaces like separate bathrooms and entrances help reduce tension among residents.
- Families should create an exit plan in case someone wants to move out.
- Choosing a home should be based on practical needs, like accessibility and space, not just style.
- Regular family meetings help maintain good communication and address issues early.
- Multigenerational living requires ongoing work and clear agreements to succeed and avoid problems.
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