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March 18, 2010
 
 

Recession, Immigration Change Household Formation


"The twin forces of recession and broad demographic shifts have sparked a return to the multi-generational household, according to this report from the Pew Research Center," the Wall Street Journal reports. "Asian and Hispanic immigrants, in particular, are more likely to see multi-generational dwellings. Also, people are waiting longer to get married and many of them 'consider their childhood home to be an attractive living situation, especially when a bad economy makes it difficult for them to find jobs or launch careers,' according to the Pew Report."