On the rise

At first glance it looks like we have a lot of spare bedrooms.

Yes, our homes are big, but they aren’t all that well designed to cater for multigenerational households.

The number of people per household is now on the rise.

This is being influenced by a range of factors including low housing affordability, harder economic times, limited land supplies in our major cities, rising land prices and demographic change.

Increasing traffic congestion and travels times are also having an impact. 

Many younger adults are staying at home longer or boomeranging back and forth. Whilst, in some cases, grandparents are living in the family home too.

Also, quite a few homeowners are taking in a tenant to help make ends meet.

My new business venture backyardhome.com.au caters for these trends. 

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