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The Independent UK

Business

J.R. Duren

Financial stress is driving a boom in multigenerational living across the US

Hannah Jones America Realtorcom

A growing number of families are choosing to live together across multi-generations to save money as more and more Americans face financial strain.

The number of multigenerational homes in the United States has climbed by 700,000 in a little over 10 years to 4 million households, according to a new study from Realtor.com. A multigenerational home typically refers to mom, dad, kids and grandparents all living under the same roof.

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