"What's old is new again - at least when it comes to living with family. American families are increasingly moving back in together - or never separating in the first place. The number of people living in multigenerational households - or those with two or more adult generations - quadrupled between 1971 and 2021, according to Pew Research. The share of people in these living arrangements soared from 7% to 18% in that time period."
"But that changed for millions of American families as they lived farther apart, independent living services for seniors became more accessible, and more women joined the workforce. And a growing number of older people don't have family to rely on. "We have more and more solo-agers who didn't have children or didn't get married or basically no longer have a relationship with their children," said"
Multigenerational households increased from 7% to 18% between 1971 and 2021, with the number of people in such households quadrupling during that period. Rising living costs are pushing many Americans to move back in with family to share rent, mortgage, childcare, and long-term care expenses. Homebuyers are increasingly choosing properties designed for multigenerational living, and searches for accessory dwelling units and in-law suites have risen. These arrangements can reduce social isolation for older adults. A growing cohort of solo-agers lacks family to rely on. Purpose-built intergenerational communities are emerging as a niche but promising housing solution.
Read at Business Insider
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