Survey: More young adults living with parents, in multigenerational households

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Survey: More young adults living with parents, in multigenerational households
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Those surveyed cited financial issues as a primary reason.

survey found that young adults in the U.S. are much more likely to live in a multigenerational household these days than they were 50 years ago.

Young adults in the U.S. have been coping with rising student debt and housing costs. According to the numbers, multigenerational living has provided young adults a little break from higher costs of living and debt. The survey showed growth in multigenerational living among 25- to 34-year-olds has been especially pronounced among those without a college degree. Multigenerational living has tripled among these young adults, compared with a doubling among young adults with at least a bachelor’s degree.

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