Monday, May 19, 2014

cnbc news about room mates for seniors as extra income

Living with roommates when you're 25 is one thing. When you're 65, it's another story—but it's a reality for a growing number of older Americans.
Middle-class seniors and the growing wave of baby boomers behind them want to stay in their homes and communities as they grow old, but escalating costs of everything from food to medication to property taxes; battered retirement portfolios; and dwindling savings have today's older Americans looking to become ad hoc landlords or tenants, even if the practice is forbidden by zoning restrictions.

this room renting is in reality not always a good thing, just 100% up front reality, based on experience