SO IS THIS THE HOPE, OR THE CHANGE? For Many Families, Bad Times Require ‘Doubling Up.’ “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.”
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