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Report: Young Adults Struggle for Independence as Costs Rise

BY KATHERINE HAMILTON

 

Roughly 25 percent of U.S. adults ages 25 to 34 lived in a multigenerational household in 2021, up from 9 percent in 1971, according to data analysis from Pew Research Center.

Living in a multigenerational household is “increasingly proving a respite” from skyrocketing housing costs, various debts, and inflation, which continues to rise under the leadership of President Joe Biden and Democrats. Pew Research defines multigenerational living as “living in a household that includes two or more adult generations.”

While the share of of all adults living in a home that include two or more adult generations has increased, growth has occurred fastest among adults 25-34.

“In 1971, similar shares of adults across age groups lived in a multigenerational household, but by 2021, young adults were far more likely than older Americans to have this type of living arrangement,” according to the report.

 

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