With a document variety of older adults dealing with housing affordability challenges, shared households could present an essential personal housing security internet if different family members contribute to housing prices.  Utilizing information from the Survey of Revenue and Program Participation, we describe the prevalence and traits of older adults’ shared households (outlined as people who embrace any grownup apart from the householder and householder’s romantic companion). This consists of intergenerational households and co-residence with different prolonged household and non-kin.  We discover the security internet operate of shared households by analyzing whether or not and the way a lot older adults contribute in direction of shared housing prices, and the way this varies throughout family sorts.  These descriptive analyses enhance our understanding of the composition and potential monetary impacts of shared households for older adults.

The paper discovered that:

  • Sixteen % of older adults are hosts, who share their residence with prolonged relations or non-relatives, and 6 % are friends, who reside within the residence of an prolonged member of the family or non-relative.
  • Visitor standing is related to decrease housing prices, and host standing is related to larger housing prices.
  • There may be little proof that the affiliation between host/visitor standing and housing prices relies on the familial/nonfamilial relationships between the older grownup and different family members.
  • Older grownup recipients of Supplemental Safety Revenue (SSI) have excessive charges of sharing a family as a visitor, and older grownup Outdated-Age, Survivors, and Incapacity Insurance coverage (OASDI) recipients have low charges of sharing a family as a visitor. 
  • Shared households are unstable.  Twenty-one % of older adults in shared households transition into non-shared households inside 4 years.

The coverage implications of the findings are:

  • Insurance policies concentrating on older adults could must account for the complexity that always characterizes their households.
  • Older grownup hosts might have further assist given their excessive housing prices.
  • The excessive proportion of SSI recipients who’re friends could replicate inadequacy in profit quantities.


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