In today’s tighter economic times, it’s becoming increasingly common for extended families to live together, whether college kids moving back home or parents joining their children and grandchildren. While most adults still say moving in with a friend or family member is unlikely, 40% of respondents in a recent AARP survey would be comfortable with doing so if necessary.

In fact, according to another article, the number of multigenerational households is climbing (from 5 million in 2000 to 6.2 million in 2008). And that number is only expected to climb further.

It makes sense. With layoffs, foreclosures and a tougher job market, sharing expenses offers many benefits: 1) better use of space 2) better for the environment 3) reduced costs for individuals. As society returns to the traditions of previous centuries, culture will change along with it. But what does this mean for the future of homes?

If these trends continue, it would make sense that newer homes be designed to accommodate the new lifestyles of society. Features that may become increasingly common include more than one master suite, more bedrooms and better utilization of space (such as using space for walk-in closets to expand living areas).