Sharing your space (and expenses!) isn’t just good for your wallet. It can also help prevent loneliness, a problem that existed even before the COVID-19 pandemic that grew worse because of social distancing and stay-at-home orders. Coupled with a rapidly aging population and decline in affordable housing, homesharing is a convenient and cost-effective solution to building a sustainable future.
Shared Living Benefits Younger and Older Adults
Shared housing gives aging homeowners the freedom to live on their own and make some extra money to cover expenses. And for their younger housemates, it provides a safe and comfortable place to live at a price that won’t break the bank.
Beyond the financial benefits, however, homesharing also has the potential to reduce feelings of loneliness, which recent research suggests can be harmful to our health, both physical and mental. In fact, according to Pew Research Center, nearly one-third of older Americans are living alone — more than anywhere else in the world.
Additionally, a growing body of evidence has found a connection between loneliness and several health conditions including high blood pressure, heart disease, anxiety, depression, and Alzheimer’s disease. One recent study even found that people who were socially isolated were at 32 percent higher risk for premature death.
Of course, not everyone who lives alone is lonely. But older adults who do live alone may find it more challenging to stay connected to family and friends. Homesharing can help satisfy the need we all have for meaningful connections.
By bringing generations together to share a home, older and younger adults have the opportunity to:
- Receive mutual support and companionship
- Break down generational barriers and stereotypes
- Renew a sense of compassion, generosity, and service to others
- Form stronger social bonds through shared activities like cooking, listening to music, watching movies or playing games
I really like having the sounds of someone else’s footsteps in the home…I just find it comforting. – Betsy, Homeowner
Odd Couples Housing Is Here to Help
Our mission is to connect generations, giving older and younger adults the opportunity to make a mark in their communities while enhancing their own lives. Whether you want to share your space or find an affordable place to live, we’ve got your back.