More Americans are opting for multi-generational co-living, in large part due to rising housing costs.
“More than 59 million people live in multigenerational households or a home that includes two or more adult generations,” according to research from Rocket Mortgage, amounting to 18 percent of the U.S. population. A piece for WBUR by Claire Donnelly and Meghna Chakrabarti notes that this is twice the rate as in the 1970s, and that “nearly one third of all Americans aged 25 to 29 live in multigenerational households, now a third of them.”
According to a summary by Carla Ayers, “48.8% said home affordability and saving money were their main concern when choosing where and how to live.” In other words, the high cost of housing is pushing more families to stay or move into the same household. “While those in this living situation did find benefits, 56.5% of survey respondents said they would prefer to live alone in their own home or with their immediate family only, if given the choice.”
FULL STORY: A Look Inside Living In A Multigenerational Home
Colorado Ends Non-Family Occupancy Limits
Local jurisdictions will no longer be able to limit how many unrelated adults can live in a household, a move that supporters say will help lower housing costs and help older adults supplement their incomes and stay in their homes.
More 20-Somethings Living With Their Parents Than Any Year Since the 1940s
Is this the future that Baby Boomers envisioned?
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
Conservatives’ Decongestion Pricing Flip-Flop
When it comes to solving traffic problems, the current federal administration is on track for failure, waste, and hypocrisy.
San Francisco Turns On California’s First Speed Cameras
The city is the first in the state to use automated traffic enforcement to reduce speeding and traffic deaths.
Shaping LA’s Future: Public Voting Opens for LA2050 Grants
The LA2050 Grants Challenge invites Angelenos to vote on the top issues facing Los Angeles, helping direct $3 million in funding to organizations working to build a more connected and resilient region.
Chicago Transit Agencies on Brink of Major Crisis
Without additional funding, regional transit agencies will be forced to cut services by 40 percent.
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