"The Advantages of Three Generations Living Together"," Because there are so many advantages to this style of living, it's a wonder that more people haven't adapted to it.
Financially it helps all those involved as they pool their resources for overhead such as mortgage or rent, electricity, gas, cable, phone, internet and any other costs.
Three of my children and myself did this although it wasn't one house we shared.
But we all contributed equally to the mortgage and monetarily and physically to maintenance of the yard and the building.
There was always someone available for babysitting; my daughter and I shared clothes, and we didn't have to go very far to celebrate Christmas, Easter, Thanksgiving and birthdays.
Even though we were family we drew up a list of rules when we bought the fourplex to help eliminate any potential problems there might be in the future.
We also had rules concerning if at any point it became a rental unit.
And a separate file was kept for everything relating to our joint home.
After joint ownership of twelve years, the fourplex was eventually sold as families began to want and need more space, and the equity was divided.
And I went on to purchase another home with another son who was too young at the time to be involved.
Sharing, cooperating and working together was a win-win situation for everyone in our family.
humor and a common goal in order for it to work.
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