Demand Rises For Entire-Family Housing
As Baby Boomers reach retirement age, many homebuilders are seeing a demand for housing that can accommodate the boomers, their aging parents, and even their adult children and grandchildren.
"Experts say the popularity of additional living quarters will grow as baby boomers age. Increasingly, they will want to provide a safe environment for their parents or for their adult or teenage children. The growing number of blended families also is a factor."
"A recent survey by the National Association of Home Builders found that 62 percent of the architects sampled said they expect second master suites to increase by 2015 in custom and upscale homes."
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