Vox, April 1, 2024, Multigenerational Housing Is Coming Back In A Big Way
The research arm of the apartment listing and resident services company RentCafe went granular on Gen Z and found that 68 percent over the age of 18 still live with a parent or parents. As for millennials, 20 percent are back with mom and/or dad (or just never left).
Major macro disruptions — financial or otherwise — often lead to spikes in multigenerational living: “We’ve seen the largest increases when our country has had a recession or a housing bust and then Covid,” Butts said. “But what people are surprised by is they always think that the numbers are going to decrease again.”
