Living better together

Housing costs continue to rise, there is a short-fall of social housing and a steep decline in affordable home ownership. This has left renters paying higher proportions of their income to rent. This becomes increasingly more challenging for those with lower incomes, require social assistance or receive disability funding, often resulting in homelessness.

Shared living is a new form of living that is quickly gaining popularity among those looking for a more connected, shared living experience. It is an alternative form of accommodation that focuses on creating a sense of community and builds social capital by providing services, and activities that foster connection, collaboration, and social engagement.

According to the Canadian Mortgage and Housing Corporation, housing is “affordable” if it costs less than 30% of the total gross household income. In Vancouver, a recent analysis from the Globe & Mail fond that renters would need to earn about $95,000.00 for a one bedroom and about $128,000.00 for a two bedroom to be less than 30% of gross household income. That leaves many struggling to find ways to live comfortably, especially those with disabilities, who must also pay for utilities, food on top of this.

Shared living spaces on the other hand, are a viable solution to the not enough money at the end of the month problem. They typically provide private bedrooms and shared living spaces, such as kitchens, bathrooms, and common areas. This allows for individuals to live in close proximity while still having their own private space. Some choose to have closer connections and shared living allows them to be a valued member in another person’s family. It fosters a sense of community and where needed, some individuals receive daily living supports, and in return a fee is paid to an individual in the space for providing the service.

Shared living spaces often offer the ability to pool resources and reduce the costs for amenities such as high-speed internet, laundry facilities, and entertainment options. It is becoming more popular among those who are looking for a more affordable housing option, as well as those who are looking to create a sense of community and connection. Shared living spaces are often located in cities and urban areas, which allows for easy access to transportation, entertainment, services, and amenities.

The benefits of are numerous. It allows individuals to save money on housing by living in a shared space. Additionally, it allows for increased social interaction, as individuals are living in close proximity and can easily interact with each other. This can lead to an increased sense of community, as individuals are more likely to form relationships and friendships in an environment where they are constantly surrounded by others. It can also be a great option for those who are looking for a more flexible living situation.

To learn more about shared living contact: info@homesharingbc.ca