The current economy situation has some young adults seeking roommates in order to afford a roof over their heads. This is according to National Association of Home Builders. It says young working class adults of age 25 to 34 constitute 23% of 6.3 million households in shared housing.
That is a whole lot, is it not?
Well, I am not surprised. Millennials and adult Gen Zs have been having it rough compared to those before them, when they were our age. We are all trying to make the best of today's situation.
Simply put, some of us have to get roommates so we will not homeless. Not because we don't have a job, but due to the fact that the cost of living far exceeds our wages.
Speaking of roommates, where do you find these roommates?
This is what I talked about on this episode. I elaborated the roommate search process. Also, the things you must consider to avoid being miserable living with another person.
When it comes to finding a roommate, it is a decision which could alter your life in a good way or a really bad way. Hence, why I always recommend considering the pros and cons of having one. I discussed this in great details about this on episode #5.
So, use the websites I mentioned on this episode to find a good roommate for you. There are other ones out there. Be sure you are doing your due diligence before accepting a roommate. By due diligence, I mean you are venting and making sure they meet your standards. This is because there are a lot of dysfunctional people out there.
The last time you want is to a free loader. Check out Episode 15- How to split rent with roommates, so you can be better prepared on drafting a good contract when it comes to splitting monthly bills.
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