In Australia, 'granny flats' gain traction as rents skyrocket

 

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style="background-color: white; color: #333333; font-family: Georgia, Times, "Times New Roman", serif; font-size: 18px;">SYDNEY -- A growing number of people across Australia are moving into so-called granny flats -- which are self-contained portions of private homes -- as rent prices surge and homeowners find ways to monetize their properties amid the country's chronic housing shortage.