As the housing crisis changes way we live, is multi-generational the answer?
For generations, moving out meant finding your own place. But rising house prices, tight rental markets and the cost-of-living crunch are prompting some to rethink that traditional move.
Sheena Carter and her husband Barry Flentjar recently sold their home in Central Victoria to construct a prefabricated modular house on her daughter Jacqui Carter's 8-hectare property in Newham, Queensland. This arrangement has allowed the family to remain close while providing Jacqui with financial assistance and a place to socialize.
Multi-generational living has become increasingly popular in Australia, with the number of households rising from 275,000 to 335,000 in the 2021 census. Demographers predict this trend will continue due to rising living costs. Some families, like the Carters, choose to build separate dwelling units, while others modify existing homes to accommodate their loved ones.
Regardless of the approach, these arrangements provide financial relief for multiple generations and foster stronger familial bonds. However, the housing industry faces challenges in meeting the demand for these types of structures, with a small percentage currently available in the market.
Written by urgent.news from ABC News AU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
