Younger Australians are increasingly embracing the idea of multi-generational living as housing costs soar, but older Australians remain far less convinced, a new survey suggests.
We’re looking to sell and buy a new place atm, and high on the list is dual living as I’m under no illusion that my kids will ever be able to afford to buy their own house without our help. Happy for them to stay with us as long as they can to be in the best financial situation they can. Will be looking to try and transfer our places into their names as early as possible too, so we aren’t forced to sell them to access assisted living etc when it’s time.
Must be nice to come from a family so wealthy that several generations combined could afford a modest house.
I still wonder why it is so unusual from young adults to still live with their parents in so many places. It’s quite common in eastern European countries and it does make sense, now more than ever.
