Parents and their adult children are pooling finances to buy houses that allow them to live separately but under the same roof as a solution to the housing affordability crisis.
Purpose-built “dual residences” with separate dwellings in one building are in demand, as parents see it as the only way for their adult children to own a home.
House values in Auckland are at a record high. The median price is now $955,793 and frustrated buyers are priced out of the market.
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