Co-tenancy or how to pay less rent

Due to the housing crisis, there are more and more people resorting to co-tenancy. Renting on your own, primarily when you’re young, is becoming difficult. High rents, particularly in such big cities as Paris, Lyon, Bordeaux, Toulouse, or Marseille, and the numerous guarantees required by owners are so many obstacles to paying rent. More and more students and graduates are resorting to co-tenancy. Approximately 20% of 25 to 30 year olds have experienced this type of housing. A rate that hits 23% in Ile-de-France.

But, even though co-tenancy is most popular with the under 25s, it seems to be the new trend with seniors. For young retirees, co-tenancy is looked upon as an alternative to the retirement home. It means paying less rent but it also means not being alone. Beyond having a partner with whom to share the electricity bill and occupancy charges, the co-tenant (or roommate) very often becomes a friend with whom there is genuine complicity.

Co-tenancy is decidedly a style of life that knows no crisis.