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Alternatives for Younger Millennials Seeking the American Dream Are on the Rise

Alternatives for Younger Millennials Seeking the American Dream Are on the Rise
A bedroom in a HomeRoom house in the Dallas–Forth Worth, Texas, metro area typically rents for $400 to $600 per month. Courtesy of HomeRoom
Mary Prenon
Mary Prenon
Freelance Reporter
9/4/2024|Updated: 9/5/2024
0:00

As the costs of homes and rental apartments continue to escalate throughout the nation, many younger millennials could find themselves in situations in which they need roommates to make ends meet. The outcome can often go one of two ways: total camaraderie, as in an episode of the iconic TV show “Friends,” or total chaos, as in the “Jersey Shore” reality TV series.

Johnny Wolff, CEO of HomeRoom, is banking on camaraderie, as he and his team continue to expand the business dedicated to pairing ideal roommates and creating more-affordable housing options in renovated single-family homes throughout the South and West. What’s unique about this business model is that HomeRoom is offering the opportunity to experience life in a stand-alone home, as opposed to an apartment.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
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