Multigenerational Families Are Increasingly Living Under One Roof, Business and Industry Trends Analysis

American families are shifting their living arrangements in response to economic conditions, longer life spans and the influence of different cultures.  A Gallup survey conducted in late 2013 found that 29% of American adults under age 35 are living (or have recently lived) with their parents, while 51% of adults aged 18 through 23 are living at home.  Homebuilder PulteGroup conducted a survey in 2012 of 511 homeowners across the U.S. which found that 15% of homeowners with aging parents already had those parents living with them, and 32% expect to eventually share their homes with their parents.  In addition…

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