The New American Home: Multi-Generational Living on Rise

The New American Home: Multi-Generational Living on Rise

Assessment

Interactive Video

Business

University

Hard

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The video discusses the housing trends among baby boomers and millennials, highlighting a wave of downsizing among baby boomers due to restored home equity and millennials' preference for nicer, closer homes. It also explores the rise of multi-generational living, driven by demographic shifts and economic factors. The video examines the economic forces behind these trends, including childcare costs and family responsibilities. Finally, it analyzes the impact on home builders, noting a shift in housing preferences and the challenges of adapting the housing stock to meet new demands.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are childcare costs influencing family living arrangements?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do home builders face in meeting the changing preferences of buyers?

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