Tuesday, January 11, 2011

Multi-generational Housing

In early 2007, housing took a downturn, and still today isn't near the 2006 levels for new home construction. However, the demand for housing did not decrease. That is, new households continue to be established at the same rate. The problem felt nationwide was that the new household didn't have the funds to purchase either an existing home, or a new home. The trend for two households to share the same dwelling is increasing.

But, this is nothing new. In 1900, 57% of homes had two or more households of multi-generational families living together. Quite often there were persons over 65 living with their extended family. With the post-war boom through the end of the century, the percentage decreased to approximately 16%. However, since 2000, there has been a 30% growth in multi-generational family dwellings.

What does all this mean? It means that architects and new home builders are reconsidering the master plan to include space for either returning children called "boomerang" kids or older parents. This often includes two master bedrooms, one level housing, finished space in either the attic or the basement, or even a "suite". Some small families are including a separate living space for rental income. Builders are referring to the added or finished space as "Residence Two".

At Cable-Tite we realize that whatever the housing trends are, there is still a need for high-wind uplift protection. Maybe even more so with more lives to protect. Don't overlook the need for a continuous tie-down from the anchor bolts to the top plate. The Cable-Tite system is the only hurricane tie-down system to offer "continuous" tie-downs, and it exceeds new home construction code requirements.