Roommates Are Latest Trend in Housing

roommate

As rental vacancies decline and prices continue to rise, many adults have chosen to start living with a roommate.

According to the most recent Census Bureau Data from 2012, a total of 32 percent of adults nationwide were living with someone other than a spouse or partner. That number is up from 26 percent in 2000.

According to CNN Money, individuals tend to find roommates when rents increase and incomes don’t. Over the last year, rents rose an average of 6.5 percent, while wages have remained flat.

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