Interest in shared living has risen fastest among Americans over 50.
The share of adults over 50 living with roommates increased by 60% between 2012 and 2022, according to data from the National Center for Family & Marriage Research at Bowling Green State University.
As Bryan Hecht reports in The Boston Globe, "Interest in apartment sharing rose the fastest among seniors, tripling nationally in the past decade, according to SpareRoom, though this demographic still accounts for less than 5 percent of total room sharers."
In Boston, where rents are the second-highest in the country, a renter can save up to $18,000 by splitting their home. According to SpareRoom, "live-in landlord" arrangements made up almost 40% of its ad listings last December.
Shared living arrangements can help with social isolation as well as finances. In Boston, an intergenerational pilot program paired hundreds of seniors with younger renters that paid on average $800 a month for rent.
Read the full story: Your next roommate might be over 50: Why older people are increasingly sharing homes
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