[quote=FlyerInHi]If your kids are doubling up, then why can’t older adults?
The population will grow even is there is no new construction. But there will always be new building.[/quote]If that new building is only infill (replacing the old bldg with a new bldg with the same amount of units, due to restrictive zoning), then no, that doesn’t add any units to the city and thus won’t add any population to the city.
I would imagine that people of all ages share units in an expensive city like SF. Boomers and seniors around me do not, because it is “affordable” to live here. We can get by without having A/C and public transportation is everywhere. It doesn’t cost most of them more than a few hundred a month in housing costs to live here, especially if one’s home is paid off and their property taxes are low. There is no reason whatsoever to share living space unless one can’t afford their bills where they are currently living by themselves. OR they are disabled in some way and need daily help.
It doesn’t matter if the boomer or senior’s home is a 2 bdrm or a 5 bdrm. In CA, if one bought their current residence more than 25 years ago and has no mortgage, it’s always cheaper to stay where they are and not move (even if they are only using one out of five bdrms) than sell and re-buy or rent another place in CA. If a household of one finds they want a roommate, they can always get one.
