For Many Young Parents, Family-Sized Housing Is Out Of Reach In LA — To Buy Or Rent

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“It breaks my heart,” said Delgado, 31. “I'm a Westside girl, through and through. I was born and raised here. My dad was born and raised here... I just don't know if Theo is going to be able to be raised here.”Across Los Angeles, millennial parents are being driven to the same conclusion. The region’s severe lack of affordable family-sized housing has families moving out of state or deciding to delay having kids, leading to declining school enrollment and broken family ties.

“This isn't a permanent thing,” she said. “I don't want to be a stay-at-home mom forever. And I'm scared that the price of both housing and childcare is just going up.”While financial pressures and caregiving are the top reasons cited for such arrangements, a substantial percentage of people — 28% — said their families had always lived multigenerationally.Delgado admits the idea makes financial sense. But she’s not sure she’s ready for such a big move.

“The biggest difference is just feeling like there's not so much outdoor space for the kids,” Mercado said. There are also times when different family members are on different wavelengths.“When I'm tired, but the kids are bouncy, it can be difficult,” she said. “Or if my husband is wanting to cook up a storm, but I'm wanting to chill.”

Buying a home would mean “leaving L.A. or getting really creative and figuring out how to do it with other people,” Mercado said, keeping her mind open to co-buying property with friends. “Those seem like the only two options.”from the Public Policy Institute of California found that half of Californians aged 18 to 34 had considered moving to a cheaper area or leaving the state entirely due to housing costs.

Source: News Formal (newsformal.com)

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