Coresidence: How parental characteristics matter
研究父母住房和财富特征如何影响年轻成年子女与父母同住的决定，发现父母财务能力越强同住概率越低，而住房容量越大同住概率越高，且这种关联在住房成本高的市场中更强。
Abstract Coresidence in the parental home is known to depend on young adult characteristics and market conditions, but there is more limited knowledge on whether or how parental characteristics matter. We model the coresidence outcome as a multigenerational joint optimization decision and use Panel Study of Income Dynamics data to examine the association of parental housing and wealth with young adult coresidence. The findings show that parental financial capacity is negatively associated with the likelihood of coresidence. Housing capacity, captured by the size and ownership status of the parental home, is positively associated with the likelihood of coresidence. We observe a stronger association of parental wealth and housing capacity with coresidence in less affordable markets and over time.