One way to cut housing costs is for multiple generations of a family to live together: often children, their parents and their grandparents. The concept isn’t new and it has many benefits, including affordability in expensive housing markets. But how do you make it work both financially and personally? We hear from a family that moved three generations into a home they designed and built in North Bay, Ont. Plus, Rob talks to Murtaza Haider, a professor of real estate management at Ryerson University, and real estate consultant Stephen Moranis about what multigenerational housing looks like in Canada. They also look at tips for people who want to move forward with this type of housing arrangement.
by The Globe and Mail
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