Stephan: I got an email from a reader today who told me that her 35-year-old son has moved back in with her. She said she had two other friends whose adult single kids move back in with them, and she asked me if this was a trend or just an odd coincidence in her life? I did some research and discovered that this is indeed a trend. As America has increasingly become an oligarchic kleptocracy the economics that has produced has changed the country's social structure giving rise to multigenerational households. I am going to start tracking this trend.
Over the past century, the typical American home has been a picture of independence and self-reliance. An emphasis on the nuclear family in the post-war era led to homes that were designed for privacy and seclusion — as opposed to communal living with extended family — which largely represents the housing landscape today. But recent data shows that multigenerational living is on the rise. As the makeup of American households continues to evolve, the housing market must be prepared to evolve with it. Credit: Northwest Bank
The pandemic changed life for everyone, and for some people, that included shacking up with a few familiar faces. Living with multiple generations under one roof is becoming increasingly popular, and it’s influencing what buyers look for in a house. So why is multigenerational living on the rise?
Let’s go back to 1940. During the Great Depression, money was tight in most American households. Seniors who were out of the workforce were often cared for at home by their adult children. At the time, almost a quarter of American houses were home […]
Michael
on Thursday, September 30, 2021 at 7:18 am
This is a good thing. We need families to take care of each other. We don’t need government funding for child care and elder care. Women need to be mothers, men need to be fathers.
This is a good thing. We need families to take care of each other. We don’t need government funding for child care and elder care. Women need to be mothers, men need to be fathers.