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Cure for stalled home building sector?

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    Miami-based construction firm believes multi-generational homes could be boon to industry

  • Duration 1:56
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When the Cox family began searching for a new home extra space for relatives was key at times and I live about -- -- members who need.

You know somewhere to stay the Cox's will soon be a type of household it's becoming increasingly common.

The multi generational home.

In 2008 nearly one in five households contained at least two adult generations.

That is up 33%.

Since 1980 this has been building for a while it it's already happening in different minority community family.

Is the colts are are really celebrated.

And and it's people get older they want from the movement builder -- introduced a floor -- tailor made for these families.

The next gen home features a separate living quarter in a house zoned as single family families can live together still have been dependency.

Flexibility.

As well as enjoy their company the same time the out of the box approach has given them something new to both build and market your builder.

The -- that we -- today.

In many ways are two different housing bill.

Two or three years ago or even during the boom years in order to compete against foreclosures which are a lot cheaper.

And compete against the homes they themselves felt they have to do something different the Cox has bought -- next gen home so they can one day take care of their parents.

But in the meantime there helping out a relative who in turn is helping them with the bills.

I think just because of what the economy has done.

And I love people losing -- home and job for port.

That.

It worked out -- declined to give us sales figures for there next gen home which also sell in Nevada and Arizona.

With plans in other states.

Additional builders also have similar concepts but it's still too early in the game to tell what impact it'll have on the over all.

Real estate market.

In Los Angeles Casey Stegall Fox News.

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