This family is part of a growing trend of Americans living in a multigenerational household.
The number of people living under one roof is growing for the first time in more than a century, a fallout of the recession that could reduce demand for housing and slow the recovery.The Census Bureau had projected the average household size would continue to fall to 2.53 this year. Instead, the average is likely to hit 2.63, a small but significant increase because it is a turnabout.
Continue reading… “Increase in Household Size Could Reduce Demand for Housing and Slow Recovery”