There are a few million multi-generational households in America, according to the AARP. The combination of rising housing costs, a stagnant economy and an aging population have led to more and more homes where parents, children and grandparents live under one roof.
Having an aging parent move in with you comes with rewards. You can share costs, forge closer bonds and have someone to help with some level of child care.
At the same time, a multi-generation household can cause stresses for both you and your parents. You want them to feel like part of the family while also preserving your core family’s unity. And if they’re staying with you for health reasons, you may end up caring for them while also trying to raise children.