What Are the Benefits That Are Associated With Homesharing?

Living alone has many benefits. It is freeing and peaceful to enjoy solitude and autonomy every now and again.

But there are also many problems that come with living alone. It can be dangerous, especially for vulnerable people like seniors or people with illnesses or disabilities, and it may even lead to incredible loneliness at times.

Humans are relational creatures. It’s healthy for us to be rooted in a community. While living alone can be good for some people, it’s not the best lifestyle for everyone.

But don’t worry! There’s a great solution: home sharing!

Homesharing is a perfect way to provide protection for vulnerable people, and it also opens to door to more affordable housing. It has tons of benefits that can and will change your life for the better.

What Is Homesharing?

Homesharing is best defined as two or more unrelated people who agree to share a home with one another. In the best home-share situations, these two people become friends and help each other in different ways.

Usually, it’s an older adult who provides free or low-cost housing for a younger person in exchange for certain benefits. It could also be two older people who simply don’t want to live alone.

Benefits of Homesharing

Homesharing comes with a slew of benefits for any and all people involved. Let’s take a look at a few.

Companionship

One of the biggest downsides of living alone is how lonely and empty your home can feel at times. For empty-nesters, widows or widowers, or recent graduates living on their own for the first time, the sense of loneliness can be overwhelming.

Homesharing can help with this! By pairing a younger person, often a student, with an elderly companion, both participants get a sense of friendship and community in their living situation. It’s an easy way to reduce loneliness and help the house feel more full and happy.

Help With Home Maintenance

If you’re a senior with limited mobility or senses, a younger home-share companion can prove to be a massive benefit around the house. Homeshare partners can provide help with cooking, gardening, maintenance, and more.

Young home-share partners can also help aging adults understand technology better. The need to be technologically literate continues to increase, so this is very valuable!

Support Affordable Housing

The housing market continues to grow more and more competitive. Rent prices are skyrocketing and homelessness increases all across the world. And all the while, spare bedrooms go unused.

If you have an empty bedroom in your house, that means you could help someone get a safe and warm roof over their head. Plus, you can reap the benefits that come along with home sharing!

Earn Extra Income

Homesharing is an easy way to gain passive income, especially if you’re retired or unable to work for any reason. Don’t underestimate how much that extra cash can help you in the long run! More info on the financial benefits of home sharing can help you make the decision to go for it.

Avoid Downsizing

Downsizing is a problem that many aging parents run into when their adult children move out. Often, they are forced to move from a spacious house to a smaller, cramped home.

With home sharing, that is no longer a concern. Aging parents can rent out their extra bedrooms to young adults in need of affordable housing to solve problems for everyone involved!

Get Involved With Homesharing Today

Homesharing is the perfect solution to many problems that we see in the world today, including expensive housing and lonely aging adults. You can easily become rooted in a community and build social connections while also getting a better quality of life!

Read more articles to learn more about home sharing!