Multigenerational Homes on the Rise
Oregon Live
Multigenerational homes – when three or more generations are living together as a single family – are again on the rise. More and more, middle generations find themselves caring for young children (or even adult children) and their parents at the same time. This trend is the result of a poor economy, in which many families find the costs of long-term care overwhelming, and many families opt to have aging loved ones move in with them to ease the financial burden.
The arrangement is full of both challenges and opportunities. Some families hesitate to take on such a big responsibility, fearing a loss of privacy and increased stress. Another consideration for families contemplating a multigenerational living arrangement is cost.
On the surface, moving mom or dad in might seem like a money-saving opportunity, but one spouse may have to cut back on hours or even quit a job altogether in order to provide care. Financial stress can take a toll on families already struggling with the unknown terrain of caring for an aging loved one.
via Multigenerational Homes on the Rise | OregonLive.com.
Posted on June 25, 2010 | No Comments | Category: Alzheimer's, Caregiving, Dementia | Tags: Caregiving, family caregiving
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