MULTI-GENERATIONAL LIVING IS ON THE RISE: Here's what you need to know.

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  • Author(s): SMEE, GRANT1
  • Source:
    Personal Finance (Bellan Media Pty. Ltd.). May2024, Issue 520, p2-3. 2p.
  • Subject Terms:
    *MORTGAGE loans
  • Additional Information
    • Abstract:
      The article highlights the increasing trend of multi-generational households in South Africa, driven by factors like high interest rates, unemployment, and rising costs. It discusses how this living arrangement is becoming more commonplace, with families working together to save costs and offers insights into its financial and lifestyle benefits, along with suggestions for maintaining a healthy living dynamic.