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For Many Families, Bad ( Economic ) Times Require 'Doubling Up'

sharon sanders

Editor-in-Chief & President
For Many Families, Bad Times Require 'Doubling Up'

by Corey Dade



September 30, 2010

As they struggle to cope with a chronically weak economy that's falling well short of replacing the 8.5 million jobs lost since 2007, a rapidly growing number of American adults are moving in with relatives in the hope of avoiding financial ruin.


These aren't just 20-somethings back living with Mom and Dad.
Many are experienced, once-successful professionals, entrepreneurs and others ? like Sherry Shaffer and her husband, owners of a failed real estate business in Memphis who vacated their six-bedroom, 4,000-square-foot home in Tennessee for her brother-in-law's attic in Pittsburgh.


more......


http://www.npr.org/templates/story/story.php?storyId=130190814&f
 
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