Multigenerational living is back on the rise in the U.S.
According to data from the National Association of Realtors, after peaking at 15% during the height of the pandemic, then dropping to the pre-pandemic low of 11%, the share of home buyers who purchased properties for multigenerational living rose to 14%.
From spending time and caring for aging relatives to cohabitating with adult children to pooling finances in a still-challenging economy, the benefits and motivations in buying a multigenerational home are manifold. And these four magnificent Massachusetts compounds might just convince you to take the plunge.
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