Multigenerational homes are becoming more common recently. But what exactly does that mean? And why? A multigenerational home has a rather simple definition. It includes any home in which two or more generations of adults live in the same building. This doesn’t include children, but children can be present as well.
Common examples of multigenerational homes are parents of young children living with the children’s grandparents and adult children moving in with their parents. The former is frequently in order to give parents some extra help raising their kids. Moving back in with your parents, or vice versa, can be done for a couple reasons. A common one is recent college graduates wanting to have a place to stay while they pay down their student loans. Sometimes older parents move in with their children because they need help taking care of themselves.