
Communal Living Spreads to Senior Housing
Homebuyers fed up with high real estate prices and lack of inventory on the market might want to consider one potentially affordable option that’s starting to gain market share in Massachusetts: cohousing.
Homebuyers fed up with high real estate prices and lack of inventory on the market might want to consider one potentially affordable option that’s starting to gain market share in Massachusetts: cohousing.
Nauset Construction has begun foundation work for a five-building development in Littleton that will be the first co-housing development in New England for seniors.
The National Association of Realtors reports that 18 percent of homebuyers between the ages of 41 and 65 bought a multi-generational home, which could house adult siblings, adult children, parents or grandparents under the same roof.
A new poll claims to show Millennials would not relish the chance to live near their parents, and a majority of Americans do not want to live with their adult children, regardless of a small but growing trend in “cohousing” around the country.