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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Soon most big homes will become multifamily homes when these 1-3 kids will end up coming back to live with their parents in luxury they cannot afford themselves. It's the space for grandchildren they are buying :wink: It's only bound to happen as prices for everything outpace incomes even from professional jobs. Young people entering workforce out of college are up for rude awakening after they get tired living with roomies in fun urban locations and start growing up. Even if parents help with downpayment, most of these kids would only be able to afford very basic small homes, so they might want to come back, lol[/quote] I fully expect my child to come back and live with me in my 900 square foot house so they can save money for general savings, retirement and to buy their own house. What is wrong with that. We will fully pay for college and graduate school.[/quote] I was referring to the huge homes occupied by families with just 1-3 kids. There is nothing wrong with multifamily households, it's just that when people think that all these spaces will go to waste with small families and especially when kids move out to college, they don't consider that these type of homes will make much more comfortable and livable multigenerational homes compared with older homes where people had to live with a lot more compromises. Your kid may not actually want to move back to your tiny home if being able to afford a decent condo or a small townhouse. But kids who grew up with much luxury in 6000+ sq.ft homes might find it a much more attractive option to move back compared with what they can afford. See what I mean? If your kid has a significant other or gets married sharing a 900 sq.ft house with parents isn't great QOL. [/quote]
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