Boommates -- Seniors living together (from Bloomberg)
Rebuilding Place in Urban Space
AUGUST 24, 2024
Call them “boommates.” Surging costs for housing and other expenses are prompting baby boomers to take on roommates. A Harvard study estimates that almost a million Americans over age 65 now live with unrelated housemates (" NYC's Rent Surge Drives 86-Year-Old to Move in With a 'Boommate' "). To make ends meet, an increasing number of those 65 and older are choosing shared housing arrangements, helping save money in an era when many have fallen behind on retirement savings and there’s increasing
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