Across America, the decision to live with roommates in later years is becoming more common as the economy stagnates. According to the Census Bureau, from 2009 to 2010 the number of thirty-somethings living with non-family roommates rose from 10.6 million to 12 million, which is an increase of 13 percent.
If you’re considering sharing a Santa Cruz home with others, here are some of the benefits you could reap:
• Lower monthly payments: Whether through divorce, widowhood or empty nest syndrome, many people are left with too much house and way too much mortgage debt. One solution is to invite a compatible friend or two to move in and split that mortgage payment. It will also mean splitting the utility bills: win-win.
• Companionship: Sure, you have