More homeowners renting out rooms, basements to overcome rising housing prices

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With soaring housing prices pushing the dream of homeownership out of reach for many families, new solutions are emerging to address the affordability crisis in

Utah. Among them: sharing a brand new house.

Aaron Mackie and his wife Natalia, young professionals, found themselves struggling to afford a home in the rapidly growing city of Eagle Mountain. With Aaron working weekdays and Natalia working weeknights to care for their son, traditional homeownership seemed out of reach until they discovered a unique solution.

The R5 home basements are designed with input from the buyer, who can request specific details to serve their family's needs. They are also designed so in the future, if the owner no longer needs a rental, they can easily use the entire house without making expensive modifications. He was building traditional new houses with unfinished basements, until his family realized they needed to sell a different kind of home. They realized that making use of an unfinished basement could give customers the ability to buy the house and share the cost, which is around $600,000 for most R5 customers.

"They have their own home downstairs, we have our home up here. Of course, they are invited over for Sunday dinner," Nora explained, emphasizing the familial bond fostered by this arrangement.

 

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