According to a Pew Research Center analysis of the latest federal census data, almost 20% of the American population now lives with multiple generations under one roof. What does “multiple generation” mean? Pew defines it as a household that includes 2 or more adult generations. So, that would be adults and their adult children—but it also would include grandparents living with their grandchildren.
Examination of historical data shows that the trend of extended family living reached a low in 1980 before accelerating rapidly during the Great Recession (2007 – 2009). That’s when employment drove a generation of younger adults to move back home with their parents. Pew has discovered that this trend did not reverse itself when the economy improved—and maybe that’s because people have discovered enough benefits to keep at it. And there are benefits.
Few of us want to see our loved ones struggle financially. Shared economic responsibilities can often ease this strain with an extended family living arrangement. It’s a way for adult children to save money to buy their own home—as well as a way for grandparents to stay active by watching after young grandchildren.
Studies show that children who grow up with multiple family members have a deeper appreciation for relationships. The arrangement also helps elderly people remain productive.
Many families are simply unprepared for the cost of nursing or senior living homes for elderly parents. Often, a multiple generation living arrangement makes it much easier to keep older family members living at home. It’s emotionally and psychologically beneficial for all generations, and it’s easier for a larger group of people living together to divide the time and attention necessary.
Multigenerational families have the opportunity to build emotional bonds because of the extended number of people living together. Extended family members often are easier to talk to about problems and stresses. There’s more of an opportunity to give and receive emotional support, which in turn helps to promote happiness and satisfaction.
It also encourages the cultivation of family culture and tradition. Children can learn about the food and maybe even the language of their grandparents.
Room to Grow
There are many benefits, but the biggest challenge for multiple generation family living is the real human need for privacy, space, and comfort. Many families considering multigenerational living arrangements approach this challenge by adding on to existing homes or putting up additional structures on their property.
Few solutions are more practical and cost-effective than steel home building kit. They can be put up quickly, and these engineered dwellings offer a lifetime of low maintenance. Miracle Truss® offers a line of residential steel buildings that are perfect for helping you enjoy extended family living.