Donna Butts, expert on multigenerational living trends, discusses the rise of adults living with parents. The episode features a Gen Z member's experience with living at home and explores the financial, emotional, and cultural aspects of this trend. It challenges stereotypes and examines the history and future impact of multigenerational households in the US.
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Quick takeaways
Increasing trend of adults moving back in with parents due to financial challenges.
Multi-generational living is becoming more accepted and viewed as a practical and sustainable housing solution.
Deep dives
Challenges of Affording Housing in Nashville
Affording a house in Nashville, especially for young people like Layla Ahmed, who earns around 50K a year, proves to be nearly impossible due to high costs. Layla and her friends struggled to find affordable housing options, leading them to give up on moving out and resorting to living with their parents to save money.
Trend of Multi-Generational Living in the US
The trend of multi-generational living is on the rise in the US, with 26% of families opting for this arrangement, a significant increase from previous years. The impact of events like the housing bust and the COVID-19 pandemic has contributed to more adults, particularly millennials, moving back in with their parents. The stigma around multi-generational living is slowly diminishing, and it is being seen as a more environmentally friendly and practical housing solution.
Long-Term Implications and Benefits of Multi-Generational Living
Despite potential solutions to underlying issues like student debt and housing affordability, many families intend to continue living in multi-generational households for the long term. This living arrangement not only offers financial benefits but also provides a support system and addresses caregiving needs across different generations. Integrating caregiving services and developing interventions that promote intergenerational interaction can lead to a more sustainable and inclusive approach to family living.
Living with your parents is so hot right now, with more adults doing it now than at any other time in the modern era. First, we hang out with a member of Gen Z who’s moved back in with the folks. Then, a closer look at the trend with Donna Butts of Generations United.
This episode was produced by Amanda Lewellyn, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Rob Byers and Patrick Boyd, and hosted by Noel King.