Exploring multi-generational living trends in South Africa

In South Africa, a significant trend towards multi-generational living is reshaping how families come together under one roof. Traditionally rooted in the country’s diverse cultural background, this way of living has seen a resurgence, driven by modern economic challenges and evolving social norms, according to local estate agents.

Historical roots and modern drivers

Multi-generational living, where families of two or more generations of adults share a home, has always been part of South African culture. However, it has become more common recently due to factors like high unemployment and rising living costs. In 2022, Statistics SA estimated that 32% of households were multi-generational—a number likely on the rise due to ongoing economic pressures.

The average age for first-time homebuyers now stands at 35, reflecting a market where even those well into their careers struggle to afford their own homes. Economic challenges have made multi-generational living a practical solution for managing housing costs more effectively.

The benefits of living together

Sharing a home with multiple generations offers several advantages. Economically, it helps family members share expenses and reduce individual financial burdens, making it a cost-effective way of living. Socially, it fosters a supportive environment where family members can participate in daily life, from looking after children to caring for elderly family members, enhancing family bonds and providing a built-in support system.

Facing the challenges

Despite its benefits, multi-generational living comes with challenges. The main issue is finding enough space and maintaining privacy within the home. Families often need to modify their homes to accommodate everyone comfortably, which might mean adding granny flats or converting existing spaces to ensure everyone has their privacy.

Moreover, different generations living together can lead to conflicts unless managed well. Families need to set clear rules about privacy, shared responsibilities, and how to handle disagreements.

Property market adaptations

The property market is responding to the increased demand for suitable homes for multi-generational families. More local estate agents and developers are focusing on properties that cater to this need, offering homes with separate living units or granny flats within larger community estates. These homes provide the privacy needed while keeping families connected.

Municipal changes, like those in Cape Town, allow homeowners to build additional dwellings on their properties, making it easier for families to expand their homes legally to support multi-generational living.

Looking to the future

As Pearl Scheltema, CEO of Fitzanne Estates, points out, “Multi-generational living is reshaping the property market in South Africa, reflecting a broader shift towards more communal and supportive living arrangements.”

This trend is likely to continue growing, driven by both economic necessity and the desire for closer family connections. It encourages innovations in home design and community development, playing a crucial role in the future of South Africa’s housing landscape.

If you’re thinking about joining this growing trend or just looking for the perfect home to suit your family’s needs, Fitzanne Estates can help. Contact us today to connect with a local estate agent that can assist you in finding the ideal home for your family’s unique situation.

Contact Fitzanne Estates to explore your options.

Read more:

The rise of co-buying amidst economic challenges

Why in-person Sectional Title Trustee Training works best

The critical need for sectional title training courses for trustees

3 Property management trends for 2024 Scheme Executives must know about

Media contact:  Cathy Burroughs, +27 82 222 9198, marketing@fitzanne.co.za  https://www.fitzanne.co.za/

More about Fitzanne Estates

Fitzanne Estates (Pty) Ltd is a Property Management Company that can sufficiently administer your property investment to the benefit of the Landlord, the Body Corporate, and the NPC – Non-Profit Company. Services include Letting, Sectional Title Management, Full Title Management (NPC – Non-Profit Company) and Sales.

Website: https://www.fitzanne.co.za/

LinkedIn: Fitzanne Estates

Twitter: @FitzanneEstates

Facebook: @fitzanne.estates

Instagram: @fitzanneestates

YouTube: Fitzanne Estates

Podcast: Fitzanne’s Property Exchange