Back to the Future – Housing Edition
“One in five people in their 20’s and early 30’s is currently living with his or her parents. And 60% of all young adults receive financial support from them. That’s a significant increase from a generation ago, when only one in 10 young adults moved back home and few received financial support.”
–“It’s Official: The Boomerang Kids Won’t Leave”; The New York Times (6/21/2014)
Thanks to changing demographics and higher urban density, so-called “granny flats” — essentially, a self-contained apartment adjacent to the main house — are coming back in vogue. See, “Let’s Hear it for Granny Flats!”
The term, “granny flat.”
In fact, “granny flat” dates back centuries, when it originally was called the “dowager house” or “dower house”; that’s where the widow of the estate owner would live after her husband passed.
In light of modern-day trends, I have a more updated proposal: “Boomerang Bungalow,” anyone??