Difficult economy and loneliness forces some retirees to move in with family

Canada News News

Difficult economy and loneliness forces some retirees to move in with family
Canada Latest News,Canada Headlines
  • 📰 CBSNews
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 68%

Another option for retirees is accessory dwelling units, which have become popular in cities like Los Angeles, thanks in part to California laws designed to tackle the state's housing crisis by easing the permitting process.

Dr. Rodney Harrell with AARP said home shortages and high prices are forcing families to combine resources.

"Honestly, the economist side of me loves the fact that it's just more efficient, that we've got people that can have a family caregiver nearby," Harrell said. Lennar, a construction company, has a line of Next Gen homes that come with a separate wing. Those Next Gen homes account for nearly 30% of the company's sales in Phoenix, Arizona, alone.

"To be able to have that privacy and the pride of ownership of their own separate space, connection to rest of house, but at the same time, it's connected to the rest of the home," said Jeremy Parness, regional vice president for Lennar. Another option is accessory dwelling units, or ADUs, which have become popular in cities like Los Angeles, thanks in part to California laws designed to tackle the state's housing crisis by easing the permitting process. Olsen said an ADU sounds like a great idea, and she is putting a modular home in her daughter's backyard.Trending News

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBSNews /  🏆 87. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US government-funded research tagged Americans for Twitter ban: reportUS government-funded research tagged Americans for Twitter ban: reportInnocent Americans got swept up in shoddy, US government-funded research aimed at getting Twitter users banned for allegedly spreading “foreign” disinformation, the latest “Twitte…
Read more »

LAFC season preview: Why winning another MLS Cup is so difficultLAFC season preview: Why winning another MLS Cup is so difficultAs the defending MLS champions, already with targets on their backs, are discovering the price for winning, is it punishment or parity?
Read more »

Review: The documentary 'Ithaka' attempts a difficult defense of Julian AssangeReview: The documentary 'Ithaka' attempts a difficult defense of Julian AssangeSidelining the WikiLeaks founder at its center, Australian director Ben Lawrence's nonfiction film instead focuses on the efforts of the activist's family to rally political support for him.
Read more »

China Trumps U.S. in Key Technology Research, Report SaysChina Trumps U.S. in Key Technology Research, Report SaysBeijing is globally dominant in some scientific pursuits and positioned to develop key future breakthroughs, the Australian Strategic Policy Institute says
Read more »

Ground-breaking research underway to test for strep throat at homeGround-breaking research underway to test for strep throat at homeRight now, the first clinical trials are underway in Midland, Troy and Lorain for over the counter at-home testing kits for strep throat.
Read more »

FAST Channels Could Be Worth $500M In UK By 2027, New Research ShowsFAST Channels Could Be Worth $500M In UK By 2027, New Research ShowsFAST (Free Ad-Supported TV) channels are set for big growth in the UK, according to new data. In fact, they could make up 20%, or $500M in revenues, of the country’s ad-supported video market by 20…
Read more »



Render Time: 2025-02-27 13:12:49