Moving In With Family Becomes A Safety Net In The New Economy

Thursday, September 12th, 2013

Last week, our friends at Pew released a new report detailing the rise in the number children living with grandparents since the onset of the recession. According to the Pew report, 10 percent of children lived with a grandparent in 2011, and the vast majority of those (80 percent) also had a parent present in the household. While this trend is a result of long term economic forces that have left the middle class struggling to keep up, the recession exacerbated those underlying causes and led to a dramatic rise in the number of inter-generational households.