As South Africa’s cost of living continues to climb and property prices remain a barrier for many first-time buyers, more families are turning to multi-generational living as a practical and affordable solution. Whether its adult children staying longer at home, grandparents moving in for care, or extended families pooling resources, this trend is reshaping the way we think about property.
Why is multi-generational living on the rise?
A combination of economic, cultural and practical factors is driving the shift:
Rising property and rental costs: It’s become harder for younger adults to get onto the property ladder, especially with high interest rates and inflation.
Load shedding and shared costs: Families are combining households to share costs like electricity, food and security upgrades.
Cultural values: In many South African communities, caring for older relatives or living in extended family units is a longstanding tradition.
Ageing population: With longer life expectancies and the high costs of retirement homes, many families choose to keep elderly relatives at home.
What this means for property trends
Estate agents and developers are seeing a growing demand for homes that offer flexibility and privacy within shared living spaces. Features that are now increasingly sought-after include:
Flatlets or granny flats: These are ideal for grandparents, young adults or even as rental units to generate extra income.
Homes with separate entrances or dual-living layouts: Useful for maintaining independence while sharing space.
Extra bathrooms and living areas: The more people under one roof, the more essential these become.
Zoning and building potential: Buyers are asking about rezoning, extensions and the feasibility of converting garages or outbuildings.
Advice for property owners and buyers
If you’re planning to adapt your home for multi-generational use or buy with this in mind, consider the following:
Check zoning laws: Before adding a flatlet or second dwelling, consult with your local municipality or a town planner.
Future-proof your design: Think about accessibility for elderly relatives and how spaces can be reconfigured as needs change.
Be realistic about privacy: While it’s cost-effective, living with extended family can create tension if boundaries aren’t clear.
Explore financing options: Some banks are open to joint bond applications, especially if multiple income streams are involved.
A smart move for uncertain times
Multi-generational living may not be new, but it’s fast becoming one of the smartest responses to the economic challenges South African families face. Whether it’s a short-term plan or a long-term lifestyle shift, properties that can accommodate more than one generation are in growing demand and may hold their value better in a changing market.