Real Estate
US Families Are Packing Generations Under One Roof to Save Money
A record share of homes purchased in 2024 were for ‘multigenerational’ living as inflation and high-housing costs crimp household budgets.
A record 17% of US home purchased last year were for multigenerational living.
Photographer: Granger Wootz/Tetra images RF/Getty Images
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US families are increasingly buying homes to house members of multiple generations.
A record 17% of home purchases last year were “multigenerational” properties, up from 11% in 2021 and the highest share in data going back to 2012, according to a report from the National Association of Realtors.