Affordable housing and housing shortages are hot topics these days, especially as Utah's population continues to grow. New housing projects are popping up throughout the city as developers rush to tap into this growth. But many of these projects are not affordable, rent in general is not affordable. Last year alone rent jumped 6%. So, what is the solution? One solution might be your empty bedroom ...
In an interesting article, The Seattle Times looked at how many bedrooms were empty in King County, WA - A LOT. Many of these empty rooms were in the homes of Baby Boomers - Empty Nesters. These empty rooms are an untapped resource and filling them will do a couple of things:
1. Provide another option for affordable housing.
2. Provide additional income for the homeowner.
3. In the case of the baby boomer, could provide companionship.
We are already sharing our car (Lyft and Uber) or our home for short periods of time (Airbnb), why not share the empty bedroom in our house to a long-term renter. It's a win-win situation.