The growing interest in home sharing, especially for those boomers who are house-rich and cash-poor in expensive housing markets, is being cultivated by nonprofit and commercial programs as well as municipalities. Since 2015, New York, Seattle, Denver, Tucson, Northern California and the metro Washington area all have established or are launching programs.
the National Association of Senior & Specialty Move Managers® blog
Retirement insecurity and rising housing costs prompt more older adults to move in together
By Soo Youn, The Washington Post, February 25, 2022
Jodi Raffa has been searching for a roommate for over a year. Her husband passed away five years ago, and compounding her loss was a 75 percent reduction in her household income.
The 76-year-old lives in a sunny three-bedroom, two-bathroom home overlooking a lake in a 55-and-over community in Groveland, Fla. The sunsets from her back porch are “stunning.” However, the homeowners association fees just went up again and inflation has left her “flabbergasted.”
“I live on a very strict budget and…
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