I'm 29 Years Old, But I Live In A Granny Flat (And My Cat Likes It Too) | Money Mind

It used to be that a granny flat was a home within a home that allows for multigenerational living. But with ever-rising property and rent prices, granny flats are becoming increasingly popular with a new type of tenant. 29-year-old Rhod-Lee Mercado shows us around his granny flat in Sydney.

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#CNA #MoneyMindCNA #Sydney #Australia #GrannyFlat

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[heribertosarmiento]

Another plus of a "Granny Flat" no upstairs or downstairs neighbors that would complain about anything you do.

[kiwigirljacks]

I lived in a granny flat for years in my 20’s and I loved it! I’m thinking of going to a tiny house now I’m in my 50’s and my larger home is a lot to take care of.

[JEANNEHUNTER-qt]

I have a granny flat on my property and rented it out for additional income when my children were young. My daughter lived in it when she started working, and then we switched houses when her partner joined her. I would have loved a tiny second bedroom for guests, but otherwise I have more than enough space for myself, my three cats and one dog. I enjoy looking after the garden now that I am retired. It has been a win all around.

[notsure]

My roommate is a cat, the best decision I've made.

[Pickle_Panther]

My partner and I moved into a granny flat with our cats. Cheaper than most other options which allows us to actually live a life outside of paying the bills. Is it fancy? No. But it doesn’t need to be fancy. It’s got everything we need, we’ve decorated it nicely, and now we have a little extra cash for fun stuff. Granny flats are awesome

[joannabusinessaccount]

I love granny flats. I’ve lived in apartments. High rises. Condos. Single family homes. With people and without people. My favorite residence is a granny flat!

[carronalee]

Billions of people throughout the world live in much smaller spaces. I live in the UK….that guy’s ‘granny’ flat is what a family of 2 adults and 2 kids often live in for many years quite contentedly!

[Thomasr]

For those wondering, 60 meter2 is ~ 635 sq. ft.

[GameFuMaster]

Sydney prices are insane. $650 a week for a granny flat...

[junemorkin]

I live in Wisconsin USA and we have the same high rent problems here. Home prices have also skyrocketed.

[emms]

I’m currently trying to find a place for my mom to live with this design and it’s been impossible. It’s nice to see a country that has options for its seniors.

[maifrank]

A granny flat and your furbaby that is the best life to live because it is quiet, peaceful, you have the freedom to do what you want, you dont have to interact to a lot of people, you can choose who to interact with, no pressure to deal with because you own your own time, less clutter, house more organized, you can cook and eat what you want.

[SailorHush]

i live in a granny flat with my husband, i live out west in sydney, we pay $360AUD weekly. We love it.

Edit:
$360AUD per week = $240USD per week ☺️ bills included (electricity, water). In our previous rental, we paid $480 per week AUD. We started $340 in the old house. That was also all inclusive (+free internet)

[idrathernot_]

I love how they always phrase these videos as choosing, rather than the inevitable consequences of the destructed economy

[soopahfly]

As an older single guy, that granny flat looks just the perfect size for me. Having parking would make it a must have.

[Mmdmade]

I actually found a granny flat in 1998 at age 26 by going door to door in an old neighborhood in San Leandro Ca and leaving my name and number. Found one upstairs of a 2 story home: 2 bd - full kitchen, bathroom and living room for $575 per month. He even put in new carpet for me. Them were the days.

[raularrioja]

Good decision, especially because of the cat. Sydney rental prices have been sky rocketing.

[CarolLustgarten]

Nice place. Good space. Decent price. Great to live alone. Had a nice apartment in boston from 1986 to 1996. Rent back then 650 a month. For a while it was 50 percent of my salary. Then I got raises. Rent went up a little. But loved where I lived. No roommates. In 1996 moved to California. Now 2024 retired and live in Dunedin Florida. Own 2br 2ba condo. No more snow 🌨. Good luck 🤞 to you.😊😊😊

[SkithTickler]

You'll live in a pod, you'll own nothing, you'll rent everything, and you'll eat the bugs.

*One step closer everyday.*

[AmyC]

He pays roughly USA $1320 per month - the same as a studio apartment in the USA