An increasing number of empty nesters have decided to stay put in their longtime homes, in order to stay close to friends and familiar sites, as well as have enough room to host their children, grandkids, and other guests. This trend might be more pronounced lately by the slow housing market; many older couples cannot sell their longtime homes at the prices they had once envisioned.
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Comments
This is the tip of a large social problem. One elderly woman living in a large house in a convenient location, and young families being forced to squeeze into small houses with a long commute to work. What's wrong with that picture?