The Fact
Pew Research Center reported that among adults ages 25–39 living in multigenerational households, 51% said the living arrangement helped them financially at least a little.
What This Means
Shared housing can function as an economic support mechanism for younger adults. That helps explain why multigenerational living can persist even when adults would otherwise prefer independent households.
Sources
- Pew Research Center, “Financial issues top the list of reasons U.S. adults live in multigenerational homes,” March 24, 2022; survey conducted October 2021.