At different times over the past century, Americans have found themselves living under the same roofs with family members of multiple generations.
The financial hardships of the Depression spawned generational living in many U.S. households. The housing shortage of 1946-50, immediately after World War II, triggered the same full-house phenomenon. Today, it’s happening once again. A recent Harris Poll for Bloomberg found roughly 45% of those ages 18 to 29 are living in their parents’ homes. That represents the highest percentage since – you guessed it – the 1940s. Add the large number of grandparents living with their kids and grandkids, and you have multi-generational living redux.
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