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Should you buy your parents' home?

Marcie Geffner - HSH.com

If you love your parents' home, why not buy it from them?

The idea might have a lot of appeal across the generations from you to your parents and even their parents – but don’t let your heart win over your head on the decision.

Living together with your parents after buying their home has become a trend, says John Graham, emeritus professor of marketing and international business at the University of California, Irvine, and co-author of "All in the Family: A Practical Guide to Successful Multigenerational Living." 

Buying your parents' home is "consistent with this whole idea that we're returning to the interdependence of the extended family and moving away from the 50-year experiment of the nuclear family," Graham says.

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