Multigenerational planning is a broad comprehensive approach to community and economic development enabling people of all ages and abilities to lead active, promising and fulfilling lives. It specifically addresses the needs of all age groups and people of all abilities to enjoy healthy and energetic communities.
Moving away from the physical segregation between young and old could offer huge societal benefits. By housing people together in the same houses or communities, older and younger generations gain companionship, in addition to the fact that the younger generations can live in much more space than the micro flats the market offers.
In many societies, multi-generational homes are the norm and are beneficial for all parties. The advantages of bunching diverse age groups, experiences and ideas together are tangible.
Planners when planning should recognize the needs of residents for the entire life course. For example - physical capacity definitely varies with age, it rises as children grow and declines as people age. Inclusive design promotes a very crucial and essential aspect that is the independence of children and elders by making both indoor as well as outdoor spaces available and accessible to all.
The goal is to create vibrant socio-spatial scene where different ages coexist together, collaborate with each other.
What are some of the benefits of Multigenerational living?
-By bringing family members and resources together in one place. families can collectively address their expenses, and share these costs.
-Sharing homeowner responsibilities amongst family
-Integrating facilities such as onsite healthcare with public amenities serving the wider community.
-Creating and designing aspirational homes for people to live better lives
The Multigenerational living trend is on the rise again – It should be looked as a successful coexisting and collaboration between different generations in the urban environment.
This is a great opportunity for the real estate market to get creative!