Article Image

IPFS News Link • Economy - Economics USA

This New Housing Trend Shows How More Young People Are Choosing...

• https://www.trueactivist.com, by: True Activist

Who says that being roommates with someone from a completely generation has to be weird? Lately, more and more Americans are becoming intergenerational roommates, and they're changing the way people think they should be living.

Explained as those that are separated by at least one generation living together, there has been a major increase in intergenerational roommate arrangements within the United States since 1971. In fact, statistics show that this number has actually quadrupled since then.

There are a ton of factors that come into play for these types of arrangements. For some, it's because of the increase in the average life-expectancy age, the growing isolation happening amongst the elderly, a decreased birth rate, a rise in college tuition, the ever rising rentals occurring in almost every single coastal city, and more. But if anything, many claim that one main reason behind the rise is due to older people having space to rent out and that having younger folk around just makes them happier.

In a Pew Research Center article, it shared that by March 2021, there were at least 59.7 million U.S. residents that had multiple generations living underneath one roof.


PurePatriot