NEW YORK: Seniors housing providers are ignoring the multigenerational housing trend at their peril.
Social, economic and political forces are driving the rapid transition.
The boomer generation is refusing to embrace transportation to outlying suburbs and same age aggregation.
And Gen X and Gen Y are exercising their boomerang housing rights, and creating multigenerational occupation of the traditional family home.
Shared incomes, child rearing and households are how an increasing proportion of families are dealing with rapidly rising housing costs.
Two new residential schemes demonstrate the potential of the idea…