Struggling with the burden of debts and underemployment, a growing number of graduates in the U.S. are moving back in with their parents. Meanwhile, unable to afford independent retirement, seniors are moving into their children's family homes. Census bureau statistics show a 4 percent rise from last year in the number of multi-generational households: 4.3 million U.S. households now include a parent, a grandparent and a child.
The video below highlights the strength of this trend; housing developers are designing houses under the premise that a young person or grandparent will be moving back in. Watch below (via NewsFix):
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