Posted Date: August 19, 2021
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August 19, 2021  

Assessments of Shared Housing in the United States

HUD User publishes Insights into Housing and Community Development, a series of research papers examining a single topic or question in a concise format. Insights papers also offer recommendations relevant to policymakers and practitioners.

The latest Insights paper discusses various shared housing models, provides a brief history of shared housing in the U.S., describes the models and challenges of home sharing and co-living, and offers examples of federal and state initiatives in shared housing. The paper determines that the formal and informal shared housing arrangements across the U.S. offer a range of benefits to residents, such as reduced social isolation, access to areas of greater opportunity, and flexibility in housing stock during times when supply is tight. The researchers find that between 2000 and 2019 the number of households sharing housing has modestly increased, with home sharing and co-living being the most common arrangements. Home sharing helps homeowners lower their housing costs while also providing an affordable housing option to low-income families and underserved households. Housing constructed and designed specifically for co-living has become a rapidly growing sector of real estate markets and provides a convenient way for young professionals to move to a new city and live in communities with access to amenities and employment.

Visit HUD User’s Insights page to learn more about shared housing and other housing and community development issues.

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