Thursday, March 12, 2009
Old folk are looking for housemates!
Among the adjustments forced by the new circumstances, perhaps the cruelest twist for many boomers is the need to join younger generations in the [flatmate] queue. The housing crash has forced record numbers of late-middle age homeowners to take in [lodgers] or risk becoming [lodgers] themselves. Home-share organizations founded to assist the elderly are scrambling to meet the demands of newly bust boomers. In the last few months they have experienced explosive growth in interest by homeowners age 50-plus to find rooms and roommates. People in their 50s and 60s are losing their nest eggs and increasingly willing to give up their privacy in exchange for rents of $500, $600 a month. Is this so bad? Why wait for a retirement home to live with other people?