Trending Up: Older Populations Looking Into Shared Housing Options
As shared housing becomes more popular, its benefits become more apparent. Sharing housing allows older adults who are retired or single to afford a higher standard of living as well as increase their capacity to hire help if necessary. It also provides the added benefit of companionship and peace of mind as each individual finds someone with whom to share responsibilities. As the boomer population ages, this trend is expected to become more popular. Currently, home sharing is most popular among women — who live an average of five years longer than men — and match-up programs are emerging to help people find housemates. Tips for successful matching include vetting potential housemates, creating financial plans and lease agreements, discussing and setting up agreements on lifestyles, and practicing clear communication.
SOURCE: Reuters, 7/1/11
Forward