Yep, definitely! Lennar was one of the first to roll it out large scale via their “Next-gen” plans. These days pretty much every new home builder offers plans with some sort of “in law/guest suite” that can accommodate multigenerational living
Excellent article covering one of the most critical problems of our time!
I would note that while rising home prices are a problem anywhere, the severity of the crisis varies greatly by region. The South and Midwest seem to have the most reasonable prices in the current market. While many middle-class professionals might assume that these states have poor cultural amenities, I would recommend that Millennials buy in states such as Iowa, Wisconsin or Michigan, as they have the amenities of much more expensive regions, but prices comparable to the Deep South.
If you enjoy Colorado or the Pacific Northwest, definitely consider Michigan's Upper Peninsula. The home prices are much lower and the natural scenery is comparable.
My data comes from Wikipedia and personal experience. What are your thoughts?
4a + 6b
Assuming you like your boomer parents, consider finding a builder / developer that focuses on multigenerational homes - they exist!
Yep, definitely! Lennar was one of the first to roll it out large scale via their “Next-gen” plans. These days pretty much every new home builder offers plans with some sort of “in law/guest suite” that can accommodate multigenerational living
Excellent article covering one of the most critical problems of our time!
I would note that while rising home prices are a problem anywhere, the severity of the crisis varies greatly by region. The South and Midwest seem to have the most reasonable prices in the current market. While many middle-class professionals might assume that these states have poor cultural amenities, I would recommend that Millennials buy in states such as Iowa, Wisconsin or Michigan, as they have the amenities of much more expensive regions, but prices comparable to the Deep South.
If you enjoy Colorado or the Pacific Northwest, definitely consider Michigan's Upper Peninsula. The home prices are much lower and the natural scenery is comparable.
My data comes from Wikipedia and personal experience. What are your thoughts?
https://en.wikipedia.org/wiki/List_of_U.S._states_by_median_home_price#/media/File:Cost_of_housing_by_State.webp