By age 65 and older, the percentage jumps to 87 percent. Chris Lambrecht, 66, moved in with a female friend, 59, when the owner of the condominium he was renting defaulted on his mortgage and it was bought by an investment company.
Daily Business Briefing. I now can be interdependent and this is by choice. Organizations such as the National Shared Housing Resource Centerwhich lists agencies throughout the country, can help people find others with whom to share space.
To that end, she founded an organization called Women for Living in Communitywhich offers advice, sometimes for a modest fee, to people interested in shared living arrangements. With housing costs typically a third or more of living expenses for people 55 and older, the desire to share living space is often driven by economics.
From a safety and security standpoint, background checks and references are essential.
Kilkenny, now 64, moved to Asheville a year later with a plan to create communities like the fictional one that had captured her attention: three women in their 60s living together in a farmhouse in North Carolina. As a former human resource professional, she relies on her interviewing skills to evaluate potential candidates for a shared living arrangement.
While men typically remarry at higher rates than women, women are increasingly looking for alternatives to living alone, said Rachel Caraviello, a gerontologist and vice president for programs and services at Affordable Living for the Aging in Los Angeles. Dunn at HomeShare Vermont.
Kilkenny said. For example, where Ms. In the s house she has lived in for three years, Ms. One lives in a room called the Abode, and the other lives in the original master bedroom, known as the Treehouse. For men 65 and older, the percentage during the same period remained the same at 9.
Beyond that, it comes down to how well you can get along in shared space. Kilkenny, who is divorced and has no children.
A chief one is the ability to continue to pay. Today, not only has she succeeded in living that very life, she is also determined to help other women and men arrange shared housing as they grow older, while avoiding some of the potential downsides of such a move. His son stayed with him for a month but Mr. You want to get to know a person. Kilkenny, who had a mortgage for many years, enjoys the freedom of not having to maintain the property and having no mortgage debt.
There are plenty of people eager to make new connections on plenty of fish.
Some organized home-share programs encourage a trial period of two weeks or longer to determine whether a match is suitable. But whether they consider themselves housemates or roommates, and whether one person owns the house, the residents co-own it or all are renters, sharing space requires research and time to find the right combination of people.
Both were divorced; he twice, she once.
They shared a couple of meals a week, and rented a three-bedroom house with a month-to-month agreement and no lease from July until February Lambrecht, who lives in the Atlanta area. Updated Aug. But equally compelling, and the reason for Ms. Another determining factor can be the increasing desire of older people to remain in the community where they live, rather than moving to a place that might be more affordable.
A still small but growing of women approaching the common retirement age of 65 or 66 appear to agree.