We're one big family: The good and the bad Nearly half of survey respondents stated that family bonding is the best reason for living with extended family (46 percent for having children living at home again and 48 percent for having parents move in).
However, not surprising is that besides dealing with cramped personal space, the worst part of living with extended family is more arguments and bickering, says 40 percent of respondents with parents moving in and 31 percent of those who anticipate adult children moving back home.
What's not a big deal when supporting an extended family are finances. Only one in five parents of adult children moving home view the added expense negatively. The same is true for having aging parents move in – only 13 percent of homeowners think it is a negative.
About the SurveyThe PulteGroup Home Index (PGHI) survey polled U.S. adult homeowners to identify multi-generation home trends and preferences. The survey was conducted online by Russell Research from September 7 - 10, 2012 among 511 homeowners across the U.S., ages 35 and older, with children between the ages of 16 – 30. Additionally, the survey was conducted among 550 U.S. homeowners, ages 18 – 65, with living parents. At a 95 percent confidence level, a margin of sample error of +/- 4.3% applies to the sample. Figures for gender, age, and geography were weighted where necessary to match their actual proportions in the population.About PulteGroup PulteGroup, Inc. (NYSE: PHM), based in Bloomfield Hills, Mich., is one of America's largest homebuilding companies with operations in approximately 60 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes and Del Webb, the company is one of the industry's most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup conducts extensive research to provide homebuyers with innovative solutions and new homes designed for the way people actually live today. As the most awarded homebuilder in customer satisfaction, PulteGroup brands have consistently ranked among top homebuilders in third-party customer satisfaction studies. For more information about PulteGroup, Inc. and PulteGroup brands, go to pultegroupinc.com; www.pulte.com; www.centex.com; www.delwebb.com. SOURCE PulteGroup, Inc.
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