The Effects Of A New Take On An Old Phrase
Sunday, March 22nd, 2009Many people all over the world have found themselves part of the “Sandwich Generation.” This group is made up of individuals who bear the distinct role of still raising children from adolescents to young adults and yet take care of or watch out for their parents. Depending on the span of the generations, the age of the participants, and the amount of attention needed, this “sandwich” can either be thin and light or hefty and stuffed. Parents who live close by and may require more hands on day to day doting, while you are still guiding your children as they face college and career choices make up the bread and exterior of your sandwich. You retain yourself as the main ingredient and the substance of that proverbial sandwich. As each day passes the bread on the outside changes with age, situations, and life’s curve balls. You yourself are also constantly readjusting what goes on between the bread as you try new ingredients in life and perhaps dare to experiment with new tastes and ideas. When another generation is added to your life you are now part of what I call the new “Club Sandwich Generation.” Your parents are still with you, your children have started ever so slowly to move towards your stage, and they have blessed your life with grandchildren. Grandparents are now Great-Grandparents and your life is fuller than you could ever have imagined. Assuming you are as involved in your multi generation’s lives as I hope you are, you now have to multi-task more than you could have imagined. This new and improved multi generation scenario has had a profound effect on the real estate market. With one generation no longer needing their large house or large apartment, and another generation in need of exactly that type of property, real estate changes hands once again. Large homes are for sale as their owners plan to downsize. Second homes are purchased to enhance the leisure in our lives. Young couples newly married or singles on their own for the first time need apartments, not quite ready for the small homes when children will enter the picture. Our lives change as the generations grow, and how and where we live is directly effected by those generational changes. Your real estate needs have to be adjusted just like so many aspects of your lives. There are great possibilities available now in this slower real estate market. Even if you need to sell to move on, deals can be structured that will work to your advantage. As your sandwich starts growing and becoming the multi level “club sandwich,” we can help you make the real estate changes you need to accommodate your new lives.
by
Susan Koslovsky