07/29/2024
Better Together: Why multi generational living is on the rise:
EMOTIONAL SUPPORT AND COMPANIONSHIP
SHARED RESPONSIBILITIES
SHARED EXPENSES
CHILD CARE
According to a report by Pew Research Center, the number of people who live in multigenerational households quadrupled between 1971 and 2021, now representing 18% of the US population RISING EVERY YEAR SINCE 2021. What’s driving this growth? The Pew study found financial reasons motivated four in ten respondents, 28% said it’s how they’ve always lived, 25% are caring for a family member, and 12% said help with childcare was a driving force in their decision.
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