
Who says bunking up is just for the younger?
Digitally fatigued Californians of their 40s, 50s and 60s are flocking to month-to-month “speed-roommating” occasions in Hollywood, looking for the proper housemate amid more and more excessive prices of dwelling.
The fashionable occasion is hosted by SpareRoom, a web based roommate-finding platform that operates within the US and the UK. For a lot of attendees, dwelling alone has grow to be unrealistic at the same time as they age.
Amanda Hart, 46, has leased her three-bedroom Valley Village condominium for 9 years. And although her condominium is rent-controlled, she nonetheless wants assist.
“Two years in the past, I used to be capable of have my three-bedroom all to myself. The best way the economic system is, I positively should have roommates now,” Hart, a movie business skilled who says her business has “tanked as a result of our mayors allow us to down,” advised The California Publish.
“I in all probability will dwell in my condominium perpetually as a result of it’s rent-controlled, which we positively want,” stated Hart.
“We sadly want it, I want we didn’t, however we’ve got to as a result of I’ve heard of pals that their hire will go up $300 to $500 after their yr lease ends.”
Loosely based mostly on speed-dating, members at SpareRoom’s speed-roommating occasions every put on a reputation tag stuffed out with their funds, neighborhood, and whether or not they’re in search of a roommate or a tenant.
The platform began internet hosting the occasions within the UK in 2007, and has since expended the mixers to London, Los Angeles and San Diego.
On the gatherings, members are free to combine, mingle, and in the event that they’re fortunate, change particulars of their properties.
“You instantly get a way of what individuals want, what their intentions are,” stated Leetal Platt, 40, a tailor in search of a roommate to assist her pay to dwell in her “pretty massive” area in Hollywood.
“It form of is reducing out a number of the fats, and being like very direct, ‘Who’re you? What are you in search of? What’s the value? Can we vibe?’”
In LA, the occasion occurs month-to-month at Sassafras Saloon, a Western-themed bar in Hollywood.
A lot of the friends at a current evening there stated they confirmed up as a result of the method of discovering a roommate is way simpler in particular person than digitally.
“I’ve tried on-line, and also you form of meet a spread of individuals. I favor to attempt to interact with somebody in particular person as a result of I really feel like what you’ll be able to’t see behind a digital camera, you’ll be able to see in particular person,” stated Nwabudike Washington, 36, a fundraising skilled who lives in downtown LA.
Nonetheless, sure demographics prevail. SpareRoom says their occasions are well-liked amongst older renters.
“We’re seeing individuals not solely sharing for longer, however individuals dwelling with roommates of their 40s, 50s, 60s, and really the older teams are rising quicker than the youthful teams as a result of individuals simply can’t afford to dwell both on their very own or look to purchase a spot,” stated Matt Hutchinson, director of SpareRoom.
“The occasions are significantly fascinating for a number of the older renters who may really feel a bit intimidated, pondering that dwelling with roommates, they’re going to should cope with a bunch of individuals of their 20s and 30s, they usually’ll really feel a bit awkward about that. And really, you get within the room and also you see the vary of individuals there.”
A July report from Realtor.com confirmed that rents in LA County hit a four-year low within the second quarter of 2026, with the general median hire falling to $2,603.
Regardless of this, Realtor.com says renters, particularly younger ones, are nonetheless more likely to spend a big portion of their earnings on hire.
“Even with current declines, many new graduates will nonetheless spend round or greater than the really helpful 30% of their earnings on hire. Whereas circumstances are enhancing, entry-level staff in lots of fields proceed to face tough housing tradeoffs,” stated Jiayi Xu, economist at Realtor.com.
Whereas many got here to speed-roommating on a mission, others have been simply in search of somebody to maintain them firm.
“I can afford to dwell in my place on my own, I simply favor to have somebody round,” stated Johnny Yamamoto, 54, of West Hollywood.
However even these in search of non permanent lodging bemoaned the rising value of dwelling.
Albrik Keshishian, 66, who splits his time between Europe and LA, sometimes stays along with his niece whereas in SoCal. However the retiree is now in search of a rental for his subsequent go to, with a month-to-month funds of $800 to $1,000.
Keshishian lived in LA for many years, buying a property in Glendale in 1989 earlier than promoting it in 2022. At the moment, the property’s price stuns him.
“I bought my property in 2022. My property now could be price $2.5 million, and I bought it for $1.2 million. It’s loopy,” stated Keshishian. “Good luck to the one that purchased it, however what I’m saying is the common American goes to seek out it very powerful in the event that they don’t have assist from their households for a down fee.
“The entire world has grow to be so costly,” Keshishian continued. “It’s going to be very tough for the brand new era. I’m retired, but it surely’s going to be powerful. One thing has to offer.”
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