Multigenerational living isn’t new—it’s how families have lived for centuries. Recently, however, the trend has experienced a noticeable resurgence, particularly among retirees. As housing costs rise, life expectancies extend, and cultural norms shift, many people, like the “silver squatters,” are opting to live with their adult children.
As of 2024, this living arrangement within one household, where grandparents, parents, and children all live together, has reached a 10-year high. Additionally, 17 percent of homes purchased during a recent year were multigenerational homes, according to a report from the National Association of Realtors.
