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Research indicates that Australians over 40 now constitute the largest demographic in share housing, challenging the perception that sharing is only for young adults. High housing costs are cited as the primary driver for this long-term shift in living arrangements.
Why it matters
This highlights the deepening housing affordability crisis and its impact on the social structure and living standards of middle-aged citizens.
People over 40 the largest single age group in share house accommodation
Share housing has stopped being a stage people pass through, with people in their early 20s now in the minority, according to research conducted by Homerun, an app that manages share house expenditure.
The study of 3,562 Australians living in or hosting a share house revealed that the largest single age group in Australian share accommodation is people aged 40 and over, who make up 44% of respondents.
17% already own a home and let rooms in it, rising to 26% of the over 40s.
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