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July 2, 2021

Will seniors actually share?

The concept of sharing a rental home is designed to improve affordability and reduce loneliness, in a safe, secure environment.

A research report by PRD Research in 2020 found that 75.4% of private renters would say ‘yes’ to shared living. This response provides strong evidence to suggest that shared living is a viable solution for
older Australians aged 55 and over to alleviate the pressures of financial difficulties and in some cases loneliness. This research found strong evidence that shared living is a viable solution for Australians aged 55 and over, in order to alleviate the pressures of either or both financial struggles and loneliness (source: Shared Living Preferences Of Older Australians Report 2020. PRD Research)

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