Can’t afford student housing? Live with retirees

A new homesharing program at UC Berkeley matches grad students with seniors

TRD NATIONAL /
Mar.March 02, 2019 12:00 PM
University housing programs match students with seniors who have extra space in their homes (Credit: Getty, Pixabay)

Student housing has become so unaffordable in expensive cities like San Francisco and Los Angeles that many universities are desperate to find ways to lower costs for their students.

At UC Berkeley, one unusual solution seems to be picking up steam: graduate students now have the opportunity to live with retirees, Daily News reported. So long raucous dorm parties.

The program matches students with seniors who have extra space in their homes. Students will pay below market rent — less $1,000 per month — for a bedroom inside the home, while retirees benefit from social interaction and added help around the house. Rents for a typical Berkeley apartment goes for around $3,500, according to Zillow.

Much like online dating, the prospective housemates will go on “dates” to ensure it is a good match. Once a background check is completed, they will then sign a “Living Together Agreement” that goes into strict detail about rules, such as when it is acceptable to watch TV. The pilot program at Berkeley will begin this spring with the matching of six students with seniors.

A similar program is also being run in the Big Apple by New York University and the New York Foundation for Senior Citizens. [DN] – Natalie Hoberman


Related Articles

arrow_forward_ios
Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri

Malibu spec mansion lists amid softening luxury market

Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images)

Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion

CoreLogic's Andrew LePage and Orange County (Credit: Wikipedia)

SoCal housing market shows signs of life, with a caveat: report

Bridge Housing CEO Cynthia Parker and a rendering of the view from Walnut and Anaheim (Credit: SVA Architects)

Fully affordable complex set to rise in vacant Long Beach lot

Tracy Tutor and her Brentwood home

Tracy Tutor of “Million Dollar Listing ” asking a lot more for Brentwood home

Anton Lessine and 321 South Bristol Avenue, and Behati Prinsloo and Adam Levine with their home (Credit: Getty Images and Zillow)

This week in celeb real estate: Adam Levine unloads $45M home, a Hollywood film producer sells in Brentwood…and more

Anton Lessine and 321 South Bristol Avenue (Credit: Getty Images)

Hollywood producer Anton Lessine sells Brentwood Park mansion for $17M

Andy Reid, the President of MetroStudy

The great SoCal slowdown: Homebuilding drops 18%

arrow_forward_ios