Multigenerational Living; is it right for you?
By Jim Lee, REALTOR Emeritus, Buying or Selling? Ann & Jim are the local experts
Multigenerational living, the practice of several generations living together in one household, is becoming increasingly popular in Portsmouth, New Hampshire. This is due to its many benefits, which include cost savings, family bonding, caring for older generations, and helping young adults get started.One of the most significant benefits of multigenerational living is cost savings. Families can pool their resources to pay for housing, utilities, and other living expenses by living together. This can be particularly beneficial for young adults who are just starting and may struggle to make ends meet.Another advantage of multigenerational living is the opportunity for family bonding. By living close to one another, family members have more opportunities to spend time together, share meal...