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|Subject: May be a Use for McMansions Afterall||Date: 10/29/2012 2:14 PM|
|Author: tjscott0||Number: 651728 of 847143|
Multigenerational Households On Rise
More than 4.3 million, or 5.6 percent, of the 76 million family households in the U.S. today are multigenerational households, or families living together that include a grandparent, parent and children as well as other family members, according to a study by the U.S. Census Bureau's American Community Survey.
3.7% in 2000
4.0% in 2010
5.6% in 2012
If the trend continues--it will drive apartment rents down & negatively effect apartment REIT returns.
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