According to Michele Fiasca, creator of Portland, OR-based Let's Share Housing, such agreements can allow housemates to save enough money to retire early, take a trip of a lifetime, or even employ a home health assistant. Through meet-and-greet events conducted twice a month, the company links seniors with possible housemates. The renters pay a share of their income in exchange for sharing expenses like utilities and groceries. There are no rules against children living at the home either; in fact, Fiasca says this type of arrangement is becoming more common as families build more space into their homes to accommodate aging parents.
The oldest person she has found a roommate agreement for was 98 years old. This woman had been living by herself and wasn't interested in changing that situation. Instead, she wanted someone to help her with chores so she could spend her time enjoying life rather than being busy all the time. The roommate relationship worked for both parties because it gave the woman a sense of independence while also allowing her to not be alone all the time. In addition to finding senior roommates, Let's Share Housing also offers housing opportunities for individuals who are disabled, veterans, widows/widowers, and single mothers.
There are many other options available for those looking for ways to live with others without having to rent an apartment or house. By working with let's share housing, these alternative arrangements can be explored and may lead to the perfect fit for everyone involved.
Choosing to Share a Room with a Roommate (or Not) Assume you are senior and live in a small apartment with a roommate who pays to the rent and bills. You can't afford a place to live on your own, but you and your partner can rent a low-cost apartment. Is it worth it to share space with someone else? If you're both retired or if one of you has disabilities that prevent you from working, then yes, it is. It may even be a good idea to share a room so you don't have to pay for a place by yourself. But if either of you is able-bodied and wants to stay alone, then it's not necessary to share.
Share a room with another older person? Yes. It's common for older people to share housing with other older people because of the cost of single rooms. Sometimes these shared rooms will also include a shared bathroom. Even if there aren't any shared bathrooms, people tend to use the bathroom more frequently at night when they sleep, so there's still plenty of opportunity to avoid sharing one.
Shared rooms usually have two beds that fold into a couch for daytime viewing of television together. There may be a desk, chair, and storage space for each person's belongings. This type of accommodation is often offered by retirement communities as part of their services, but it can also be found in hotels, nursing homes, etc.
Homesharing can be an excellent option for roommates of any age, but there are advantages for seniors that make the arrangement more appealing, such as independence. In many circumstances, having a housemate allows a senior to avoid or delay moving into an assisted living facility. Instead, they can stay in their own home while meeting other people's needs around the house and sharing expenses.
There are several benefits for both roommates. If you're the only one working and the only one able to afford rent and bills, then having a housemate allows you to share those expenses equally. This makes it easier to pay your rent on time every month and keep your apartment off of credit reports. It also gives you someone to talk to about money issues and problems you may have with your landlord.
Housemates may also help each other out with chores or activities that don't require a full-time commitment. For example, if one roommate is unable to clean their room themselves, they can ask another roommate to do it for them. This could include cleaning out the closet or doing some spring cleaning - things that would be difficult or impossible for one person to do alone. Housemates can also help each other out with activities that both people enjoy but wouldn't want to burden a friend or family member with, such as going to concerts or movies, taking trips, or playing games online.
As a renter, living with roommates allows you to not only save money on your monthly rent, but also to meet new and intriguing people, strengthen relationships with long-time friends, and enjoy ordinary activities with others. This is especially true if you are just starting out as you build a career over time.
On the other hand, living with roommates can be very distracting and expensive if you don't keep track of your share of the bills/costs. Also, if one of your roommates causes too much trouble or becomes abusive, you may be forced to move out which could cost even more money than renting alone. Finally, if one of your roommates gets sick or hurts themselves, you could be stuck paying for their medical bills or lost wages.
In conclusion, living with roommates has its advantages and disadvantages. It all depends on how you look at it. If you want to save some money but still have that roommate party scene, then by all means, live with someone else!
One of the nicest aspects of living with roommates is having someone to split expenses with. When you live alone, you are responsible for your own utilities, rent, and groceries. 3. You get to decide what role you want to play in each other's lives - whether it be only friends or more.
The main advantage of living with others is that you can share expenses. If one roommate spends more than he or she can afford, the others will know about it and let him/her know they aren't comfortable continuing to shoulder the burden by refusing to pay up. This can help prevent financial disasters.
Also, having people over sometimes is fun! If you're the type of person who likes having a lot of friends around, then this is the way to go. You can make new friendships that may not have otherwise been possible. And finally, if you hate doing housework, getting roommates might be for you! They'll probably expect you to split chores evenly, but if you don't want to do any particular job, just say so when they ask why you aren't helping out more often.
Overall, living with others can be a great experience if you know what you're getting into ahead of time. Make sure to discuss finances with your potential roommates from the beginning so there aren't any surprises later on.