In the past, having a roommate was commonly associated with post secondary education and largely treated as something that everyone would eventually grow out of.
Current economic conditions including wealth inequality and low interest rates have led to skyrocketing real estate prices.
Suddenly having a roommate is no longer an option to save money. In many major cities it has actually become a necessity for a large percentage of the population.
Condo Move, Liberty village condo agents, calculate the amount of roommates that would be required to survive on an average salary in some of the world’s biggest cities.
It also includes some glaring statistics on affordability for today’s millenials.