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The new American household: 3 generations, 1 roof
http://money.cnn.com ^ | 4/9/2012 | Les Christie

Posted on 04/09/2012 1:29:14 PM PDT by dragnet2

As the economy continues to take a toll on consumers' finances, a growing number of people are discovering that becoming roommates with mom and dad, or a 20- or 30-something son or daughter, helps to ease some of the financial pain in tough times.

As of 2010, 4.4 million U.S. homes held three generations or more under one roof, a 15% increase from 3.8 million households two years earlier, according to the latest data available from the Census Bureau.

For multi-generational households, there is typically a nice payoff. Not only do they save money, but they are better able to avoid financial hardship.

"It's such an advantage to have multiple wage earners in the same household when the economy is still struggling." ... the multi-generational housing trend is one he expects will continue.

Census reported that "doubled up households," those including at least one extra adult who is not enrolled in school and isn't a spouse or partner, grew 10.7% to 21.8 million households in spring 2011, up from 19.7 million households four years earlier.

Many of those homes included adult children who flew back to the nest after being unable to find work. The number of 25- to 34-year olds living with their folks jumped by more than 25% between 2007 and 2001, Census reported.

Builders take note. "The recession caused doubling up to save money -- and the story is still unfolding,"

The long-term impact, he said, is that more families will want bigger homes with more bedrooms to accommodate their extended families.

In fact, so many relatives are already moving in with one another that builders are starting to construct homes to accommodate them.

Home builder Toll Brothers has started incorporating multi-generational living arrangements directly into its designs... Previously, such accommodations were offered only as custom options.

(Excerpt) Read more at money.cnn.com ...


TOPICS: News/Current Events
KEYWORDS: 2010census; family; housing; trends
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To: Twink
but in our house everyone is welcomed to live at home until they can make it on their own...and come back if need be.

Problem is, few of the low wage folks can ever move out as their stagnant wages will *never* keep up with prices of nearly everything, which in many cases, increase weekly.

51 posted on 04/09/2012 6:16:29 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: dragnet2

I get that. I also get that for those of us in the middle class..it’s worse, for those of us who moved up so to speak our kids won’t be able to. They won’t be able to because they aren’t some protected minority. This is where I am and what I see. My concern isn’t about some so called minority who still can’t make it with all the opportunities handed to them on a firkin silver platter, My concern is my kids white kids, who attend college beause they worked their asses off in grade and high school. Who received academic scholarships because they were smart and workedfor it, yet they have to work their asses off like we do, beause they get nothing i while we pay for those who dont.

The only thing is they are female. And as we use that, because we can , what is that teaching them?

And there aren’t that many acedemic scholarships for middle class white girls,

Middle class’ cause we worked for It, and for what? To pay for all those who haven’t ?

Because they and we did everything right we get screwed? Its anot ok anymore and the rce e stuff means nothing to us,

My kids wont be ble to buy a house or rent one where we live now, where they grew up.

But they wil know why if anything I say resonates with them.

My husband has worked his ass off providing for our family and allowing me to stay home and raise our kids” and we sacrificed, when I had Togo back to cork full ime my family had to adjust, we didn’t get special treatment. It just was.

I would giv anything to still be a sahm even tho my kids are 16 and 14. Two oldest are in college, But it’s not possible no matter how we try.

I know what wwe sacrificed so forgive me if I’m not all that empathic about what others experience. Life is tough. Especially for those of us who dont have any minority standing.

Life is tough all around but far less than decades ago. My concern is what my kids have to deal iwith. What they have to pay for because of the color of their skin. They are white. Ad they are lying for that. No Matter how wrong that is to say.


52 posted on 04/09/2012 7:34:41 PM PDT by Twink
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To: dragnet2

I get that. I also get that for those of us in the middle class..it’s worse, for those of us who moved up so to speak our kids won’t be able to. They won’t be able to because they aren’t some protected minority. This is where I am and what I see. My concern isn’t about some so called minority who still can’t make it with all the opportunities handed to them on a firkin silver platter, My concern is my kids white kids, who attend college beause they worked their asses off in grade and high school. Who received academic scholarships because they were smart and workedfor it, yet they have to work their asses off like we do, beause they get nothing i while we pay for those who dont.

The only thing is they are female. And as we use that, because we can , what is that teaching them?

And there aren’t that many acedemic scholarships for middle class white girls,

Middle class’ cause we worked for It, and for what? To pay for all those who haven’t ?

Because they and we did everything right we get screwed? Its anot ok anymore and the rce e stuff means nothing to us,

My kids wont be ble to buy a house or rent one where we live now, where they grew up.

But they wil know why if anything I say resonates with them.

My husband has worked his ass off providing for our family and allowing me to stay home and raise our kids” and we sacrificed, when I had Togo back to cork full ime my family had to adjust, we didn’t get special treatment. It just was.

I would giv anything to still be a sahm even tho my kids are 16 and 14. Two oldest are in college, But it’s not possible no matter how we try.

I know what wwe sacrificed so forgive me if I’m not all that empathic about what others experience. Life is tough. Especially for those of us who dont have any minority standing.

Life is tough all around but far less than decades ago. My concern is what my kids have to deal iwith. What they have to pay for because of the color of their skin. They are white. Ad they are lying for that. No Matter how wrong that is to say.


53 posted on 04/09/2012 7:34:41 PM PDT by Twink
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To: Twink

I would love to be able to get a place with my parents. I’m really feeling the pull of conflicting responsibilities to my aging parents and my kids. A house with separate living areas would be great.


54 posted on 04/09/2012 7:40:15 PM PDT by Politicalmom
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To: Politicalmom

Separate living quartered would have been great. We didnt’t have that.

We do whq we want to do IMO.

I had four little kids when my dad we dying. It ws tough. I still don’t know how I did it, but I did, And when my mon moved in with us and needed 24/7 care...we did it. My husband and kids were wonderful and a huge help.

We take care of our own. It’s just the way it is, Maybe it was easy because my parents were so easy, idk. My dad was a Pita like me but so fun. My mom was just so easy all around.

You just take care of your perents no matter What. It was easy for me. My parents were the best parents, you just take care of family,

My oldest Brother is very illl. His longtime girlfriend is taking care of him right now, he may need 24/7 care, He may end up here. His kids won’t take him in,they don’t know the meaning of family,


55 posted on 04/09/2012 8:23:52 PM PDT by Twink
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To: Politicalmom

Separate living quartered would have been great. We didnt’t have that.

We do whq we want to do IMO.

I had four little kids when my dad we dying. It ws tough. I still don’t know how I did it, but I did, And when my mon moved in with us and needed 24/7 care...we did it. My husband and kids were wonderful and a huge help.

We take care of our own. It’s just the way it is, Maybe it was easy because my parents were so easy, idk. My dad was a Pita like me but so fun. My mom was just so easy all around.

You just take care of your perents no matter What. It was easy for me. My parents were the best parents, you just take care of family,

My oldest Brother is very illl. His longtime girlfriend is taking care of him right now, he may need 24/7 care, He may end up here. His kids won’t take him in,they don’t know the meaning of family,


56 posted on 04/09/2012 8:23:52 PM PDT by Twink
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To: dragnet2

It’s nothing new to immigrants, and when they come, they ALL come. And there’s lots of us long time citizens that do it in some fashion. But I guess the headline is that it’s happening to a whole lot of people who would rather not do it.


57 posted on 04/09/2012 8:35:55 PM PDT by moehoward
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To: jmcenanly

I know it was just a TV show but to live like the Waltons is to give a meaning to life, there was a reason to get up in the morning, now life is just waiting for the next piece of crapola to come down the pike. We may live longer but we no longer live.


58 posted on 04/09/2012 8:38:48 PM PDT by this_ol_patriot (Lord Jesus Christ, Son of God, have mercy on me, a sinner)
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To: moehoward

This tread is rapidly increasing. No one suggested this never happened in America.


59 posted on 04/09/2012 8:39:20 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Twink

Ok. I’m calling it.

Put the ipad down. No more posts until you get back to a keyboard.


60 posted on 04/09/2012 9:08:23 PM PDT by toast
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To: ExGeeEye

I think people would buy big homes hoping to have big families, and sometimes they did and sometimes they didn’t, but either way, once the kids left the nest, or if there was a loss of the breadwinner, you could set up shop as a boarding house. So it was kind of like insurance, in a way.


61 posted on 04/10/2012 9:17:55 AM PDT by ichabod1 (Cheney/Rumsfeld 2012)
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To: Buckeye McFrog

This is a good time to take India seriously, where almost everybody is poor, but they are happy, and there is very little crime.


62 posted on 04/10/2012 9:20:24 AM PDT by ichabod1 (Cheney/Rumsfeld 2012)
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To: dragnet2

Thank you, I feel validated. :)


63 posted on 04/10/2012 9:27:11 AM PDT by ichabod1 (Cheney/Rumsfeld 2012)
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To: Twink
I know all families do things differently but in our house everyone is welcomed to live at home until they can make it on their own...and come back if need be.

Our home too.

64 posted on 04/11/2012 5:47:16 PM PDT by Eaker (When somebody hands you your arse, don't give it back saying "This needs a little more tenderizing.")
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To: toast

Lol! Still on iPad and I agree with you. This touch screen thing is hell for me.plus I don’t know how to do caps or or anything else.

Dell tech was here today. She installed the new hard drrive. For free since laptop is is abt 6 mos old. And she confirmed that it was a bad hard drive and I didn’t do anything wrong. I was happy abt that! Made sure I mentioned that to my husband. Numerous times.

I am hoping by the wknd that my husband has my laptop all set up. I need a hard keyboard and not this touch screen one. Guess this makes my decision abt my new cell phone easier. I can get a free iPhone but it’s all touch screen and I suck at that.


65 posted on 04/11/2012 10:36:07 PM PDT by Twink
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To: Eaker

It’s interesting discussing this topic. Bear with me on my touch screen issues lol.

I lived at home...lived away at college...but moved right back home once I graduated college. Lived at home until I got married. It was just the way it was done in my family and in my area. My husband moved out when he was 18 to attend college and never moved back. He was made to be completely financially independent when he was 16 or so so that was normal for him. He knew he could never go back. When we met and dated in college and my family became his...he knew he could always have a home there.

It’s funny. He thought me living at home after living away T college then living home during grad school until we got married was odd. No one he knew lived at home whereas everyone I knew lived at home until they got married. Mostly not every single person.

But with our girls he would like all of them to live at home forever. Lol.

The topic is just something that was considered normal in my family. You move out if you get a job in another state but you basically live at home until u get married and even then the door is always open.

My parents loved my husband. They loved that I got out of our neighborhood...the city in general.

I hope my kids get jobs once they graduate college but I also hop they live close enough for us to be a huge part of their lives Ana’s the door is always open for them. This is their home. No matter what.


66 posted on 04/12/2012 12:07:07 AM PDT by Twink
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