As Americans continue to live longer and more active lives, a new dynamic has emerged between many homeowners and their family members. Today, more than 10 million adults help take care of an aging parent, often for years or even decades at a time. But that begs the question: Where are the parents going to live?
In many cases, the best solution is to have the parent—or both parents—come live with the rest of the family. Multigenerational living is becoming increasingly common across the country, as it offers convenience and cost savings.