With the booming sharing economy, most people are familiar with popular home sharing sites such as Airbnb which offers temporary housing in widespread locations. But let’s take it to another level: permanent home sharing.
In this context, home sharing refers to the phenomenon of aging adults choosing to share their homes with similar people. Those that opt for this type of arrangement include widows, the recently divorced, single people, and others who simply want to cut their monthly costs as retirement nears. In many cases, retirees may choose to home share to save money and offer flexibility without having to worry about a mortgage.
Shared housing can appeal to multiple demographics, although it is prevalent among women. Statistics may help shed some light as to why.
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