Lots of self-help tips for parents of grown children center on what to do when the adult kids move back to the family home. But now there's a new trend: The U.S. Census reports that there is a 75 percent increase in parents under the age of 65 who are now living with their adult children--in their children's homes.
What's behind this reverse trend? Some of it is the troubled economy--foreclosures, loss of jobs (older baby boomers have a particularly tough time re-attaching once they've lost employment) and overall difficulty making ends meet.
According to the census data, the average size of both families and households grew from 2000 to 2007, after shrinking slightly in the 1990s. The average family in 2007 had 3.2 people, up from 3.14 in 2000.
Comments