The Rise of the ‘Forever Flatmate’: How Changing Demographics are Reshaping House Sharing
For years, house sharing was largely considered a rite of passage for young adults. But a quiet revolution is underway. Across the UK, a growing number of people are choosing – or finding themselves compelled – to share accommodation well into middle age and beyond. This isn’t just about financial necessity; it’s a shift in attitudes, a response to a changing housing market and a growing desire for companionship.
The Numbers Tell the Story
Data from SpareRoom reveals a significant demographic shift. Under-25s now represent just 26% of the flatshare market, down from 32% a decade ago. Simultaneously, renters aged 45 and over have increased to 16%, up from 10% in 2015. This trend is also fueling multigenerational households, with almost two-fifths of flatmates living in homes where the age gap between adults is 20 years or more.
Why the Change? A Perfect Storm of Factors
Experts point to a confluence of factors driving this trend. Fewer young people are leaving the parental home, while older renters are increasingly priced out of homeownership and even solo renting. Matt Hutchinson, director of SpareRoom, notes that the perception of flat sharing as a “young people’s game” is fading. “Older people are sharing for longer,” he says, “and some actually prefer to live with people of different ages and backgrounds.”
Beyond Financial Necessity: The Appeal of Community
While affordability is a major driver, the benefits extend beyond just saving money. Nicola Whyte, 45, has been living in a house share in Balham for 16 years. She enjoys the “deeper understanding of people” that comes with shared living. Thea May, 29, found a solution to a difficult rental market by sharing with 67-year-old Paul Williams, forging an unexpected friendship and a sense of companionship. Williams himself found the arrangement provided both income and a welcome connection.
The Rise of Intergenerational Living and ‘Helpful Housemates’
The trend extends to over-65s sharing their homes with lodgers, a practice that has increased by 38% in the past two years, according to SpareRoom. Cohabitas, a house-sharing site for over-40s, reports that 18% of its recent registrants are open to intergenerational living. This can take the form of traditional house shares or “helpful housemate” setups, where individuals offer assistance with chores or companionship in exchange for reduced rent.
A Growing Crisis: The Link to Rising Homelessness
The shift in demographics isn’t without its concerning implications. Housing charities have warned that homelessness among over-60s is rising, and single older people are increasingly reliant on house shares as they approach retirement. Experts warn this is a “ticking timebomb” as a generation struggles to afford housing.
Navigating Age-Gap House Shares: Potential Challenges
While intergenerational living offers numerous benefits, it’s not without potential hurdles. Differing expectations around housemate etiquette can arise. Older housemates might struggle with collaborative decision-making, while younger tenants may have different social habits. But, as Whyte points out, “it’s less about someone’s age and more about who they are as a person.”
Did you know?
The proportion of flatsharers who are 65 and above has tripled in the past decade, though they still only account for 2.4% of the market.
FAQ: House Sharing in a Changing World
- Is house sharing only for young people? No, the demographic is shifting, with a significant increase in older renters and multigenerational households.
- What are the benefits of intergenerational living? Companionship, reduced costs, and a broader perspective are all potential benefits.
- What are the potential challenges? Differing expectations around etiquette and lifestyle can sometimes create friction.
- Is this trend likely to continue? Experts believe house sharing will become increasingly common as housing affordability remains a challenge.
Pro Tip: Before entering a house share, clearly discuss expectations regarding cleanliness, noise levels, guests, and shared expenses to avoid misunderstandings.
Have you considered house sharing? Share your experiences in the comments below!
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