Feature article
Multigenerational living: Everything you need to know
Look for a good entertaining space and separate areas too.
AI summary
Multigenerational living is a growing trend in New Zealand, where families pool resources to buy or build a home together for financial and social benefits. This arrangement provides intergenerational support, such as childcare and elder care.
Popular solutions include large custom homes with separate wings or home and income properties with a minor dwelling. Builders like Signature Homes and Generation Homes are designing flexible layouts to meet this demand.
It is crucial to seek independent legal and financial advice. A formal property sharing agreement is essential to manage ownership, finances, and exit strategies.
International examples of multigenerational living
People in Aotearoa living the multigenerational dream
Tips on multigenerational living
Multigenerational living on a lifestyle property
The Smith family’s tips on multigen living
How large house builders are catering for multigenerational living
Consult advisers before taking the leap
Legalities to keep in mind
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