Real Estate

More Americans live in multigenerational households to save money

0


“We are a four-generation household,” said Jason Fitzgerald.

Fitzgerald, 45, and his wife, Rachel Zack, 41, bought a house with Rachel’s parents Beverly and Arthur Zack, who are in their 70s, and Rachel’s 98-year-old grandmother Lillian, who goes by “Bubbie.”

The home has six bedrooms, with five full and two half bathrooms. 

They all live together in South Orange, New Jersey, along with Fitzgerald and Zack’s two children: one-year-old Ada and Lily, 6.

Even before the pandemic, “it seemed to make financial sense to combine our resources,” Fitzgerald said.

When Covid restrictions left them suddenly housebound, “it turned out to be a lifesaver,” Zack added.

“When I was working from home, it was…



Source cnbc.com

0 0 votes
Article Rating

YouTube removes video by Tesla investors using kids in FSD Beta test

Previous article

GM, Ford and Dodge electric muscle cars face latest EV transition test

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Real Estate