Layla Ahmed is, by any measure, a responsible adult. She works at a nonprofit in Nashville helping refugees. Makes 50k a year. Saves money. Pays her bills on time.
But there’s another measure of adulthood that has so far eluded her. Ahmed, 23, moved back in with her parents after graduating college in 2022.
“There is a perception that those who live with their parents into their 20s are either bums or people who are not hard-working,” she told the Today, Explained podcast.
Being neither of those things, Ahmed and her situation actually point to a growing trend in America right now: More adults, especially younger adults, are either moving back in with family or never leaving at all.
According to the Pew Research Center, a quarter of all adults ages 25 to 34 now live in a multigenerational living situation (which it defines as a household with two or more adult generations).
It’s a number that’s been creeping upward since the early ‘70s but has swung up precipitously in the last 15 years. The decennial US Census measures multigenerational living slightly differently (three or more generations living together), but the trend still checks out. From 2010 to 2020, there was a nearly 18 percent increase in the number of multigenerational households.
Why? If you own your own home, then why shouldn’t your kids live with you?
Because the issue is the younger generation coming into it in a position of economic, not weakness. The elderly in-laws are done building wealth; it’s the working-age generation that need the equity.
To be clear, I’m not saying it’s wrong for the older people to also have the means to own their own home; it’s just that it shouldn’t be about them.