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【World Property Journal】Gen Xers' Adult Children Influence Home Buying Decisions in U.S.

【World Property Journal】Gen Xers' Adult Children Influence Home Buying Decisions in U.S.

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The National Association of Realtors is reporting this week that one in six Gen Xers purchased a multi-generational home, overtaking younger boomers as the generation most likely to do so; with 52 percent of those Gen X buyers indicating that they did so because their adult children have either moved back or never left home.  

According to the National Association of Realtors' 2019 Home Buyer and Seller Generational Trends study, which evaluates the generational differences of recent homebuyers and sellers. The report also found that older millennials who bought a multi-generational home, at 9 percent, were most likely to do so in order to take care of aging parents (33 percent), or to spend more time with those parents (30 percent).  

 

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