By Matt Norris, Urban Land

A confluence of demographic changes, economic challenges, and shifting consumer preferences have resulted in changes to household composition and, as a result, housing demand. After declining in previous decades, multigenerational living has grown since the 1970s.

According to the Pew Research Center, between 1971 and 2021, the number of people living in multigenerational households quadrupled, while the number of people in other living situations is less than double what it was. The share of the U.S. population living in multigenerational households in 2021 was 18 percent.

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