Frugality

How Would a Roommate Affect Your Housing Costs?

In movies it is often treated as a sort of joke when kids around the age of 30 are still living in their parent’s basement. Nowadays with rising housing costs and depressing stats on gaps in income inequality, it has become the new reality.

Investors have been driving up prices for decades and creating markets like London in which is seems everyone is a renter. But is it cheaper to buy? Not always.

This fascinating infographic from the team at Liberty Village Toronto shows you how many roommates you would need to have to live off of a middle level salary. In Hong Kong, the number is 8. A little crowded for me!

Do-You-Need-A-Roommate1

Graphic Design by Grey Smoke Media, a Pr Agency in Toronto

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James

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