Tag: multigenerational

Impact Lab > multigenerational
Analysis, Economy, Latest Trend

Increase in Household Size Could Reduce Demand for Housing and Slow Recovery

multigenerational

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”

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Economy, Historical Perspectives, Latest Trend

The Mulitgenerational Household in America is Making a Strong Comeback

multigenerational-homes

Gutkowski’s  are making room in their home for the in-laws.

Most in-laws visit for a weekend or a holiday. Tom Gutkowski’s in-laws are about to move in — for good.

This summer, his mother- and father-in-law will settle into a 1,200-square-foot attached apartment Gutkowski and his wife are completing on their Roxbury Township home. In return for room and board, the younger couple will get help raising their two young children, Derek, 3, and Taylor, 2.

 

Continue reading… “The Mulitgenerational Household in America is Making a Strong Comeback”

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Big Problems, Economy, Latest Trend

Overcrowded Housing in Chicago Worsening

ct-met-overcrowding-b CT Overcrowded2064

A roommate prepares a meal in their overcrowded apartment that is share by two couples in Chinatown

Like many Chicago-area residents who’ve lost their homes to foreclosure, Alondra Navarette had nowhere to turn when forced to leave her spacious house earlier this year.  The struggling maid could no longer afford her ballooning mortgage payments when house-cleaning jobs dried up. So she moved into the already cramped basement apartment occupied by her daughter and a roommate on Chicago’s Northwest Side.

Continue reading… “Overcrowded Housing in Chicago Worsening”

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