Adult Dorms – The Solution for Broke and Lonely Adults?

Hero

I launched FinanceSuperhero in April 2016 to help others save money, get out of debt, earn more money, and live the best life possible. Send me an e-mail or a comment if I can help you in your journey. Thanks for reading!

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17 Responses

  1. This is a really interesting post, Hero. Thank you!

    I tend to agree with your perspectives on all this, but I’ll mention a study that’s stuck with me for some time and may provide a relevant counterpoint.

    The study looked at predictors of friendship among incoming freshmen college students. Hypotheses that two students’ similar hometowns or sports interests, etc. would predict friendship were proven wrong. The only predictive variable? Geographic proximity in college living. Meaning that randomly assigned roomies had a better chance of being besties than two bros with identical backgrounds who lived in different dorm buildings.

    The point is that, with social issues at least, it would appear that treating the symptoms can sometimes be an effective cure for underlying problems.

    Anyway, thanks for this thought-provoking post. Great work as always!

    • Hero says:

      Ooooh, I love counterpoints! Thanks for mentioning this study, FL.

      I’m drifting a bit off topic now, but interestingly, geographic proximity had little to do with the closest friendships I formed while in college. I met my best friend on an Honors retreat before classes started freshman year, and we lived on opposite sides of campus. I thought this might deter our friendship, but distance has never played a role. Whether we’ve been near or far, we manage to pick up right where we left off each time we speak or meet up.

    • Kurt Norman says:

      I personally would be interested in adult dorms I presently am widoed and some what feel misplaced trying to fit in dig in and start over my living situation is not working out I’m not allowed any visitors if I was to make friends or perhaps a female friend I can’t bring them home or even tell them where I live in 55 stuck on stupid

  2. I’d totally do it. I lived in a dank basement with poor ventilation that flooded once to save a couple thousand dollars, so I’d totally live in a dry shared community

  3. Wow Illinois real estate taxes are steep, too bad for Jordan!

    I think it would totally be doable though. I know for my wife and I though that we were ready to get our own house when we had our first kid. Not that you need a house for kids, but that was the lifestyle we wanted him to grow up in. Thanks for the post!

    • Hero says:

      Thanks, JW. Having children throws an entirely different wrinkle into the mix. Maybe you and Lucy could find an adult dorm in London or Dublin. 🙂

  4. Pamela says:

    This is a great post and I enjoyed the way to analyzed the idea from all angles. I am finding our culture is always trying to find creative ways to push the ‘bucket’ forward without ever really addressing the problem. Whether its the high national debt, the low retirement savings, the fact the millions of students become boomerang kids after graduation etc.
    I agree with you communal living does not solve the problem of saving money, that is more the disguise then the solution. We need to start taking responsibility as a nation to make sure boomers, millennials and the generations after us are financially responsible. Unique and wonderful post!

  5. TJ says:

    Absolutely, I would, for the duration of my life as a single, at least. I’d want some more privacy if I was coupled off.

    I think living in an adult dorm-like scenario would make it easier to meet likeminded singles who don’t want to blow cash on their own place. Living alone is so inefficient.

    However, I know many people who value their privacy and I think it’s sad that so many of them inevitably get priced out of their hometown and have the choice of either moving to a cheaper area or taking on roommates….or going into debt.

    Great topic.

    • Hero says:

      Thanks for stopping by, TJ. I completely identify with the “single life” qualifier you expressed.

      When I think back to dorm life in college, privacy was awfully difficult to come by. I’m not so sure I could give up the level of privacy I’ve grown accustomed to in the name of saving money. Yet, when forced to choose between sacrificing privacy and sacrificing my future retirement, I would feel pressed between a rock and a hard place.

  6. So interesting! We laughed about this with our friends once too when discussing lake properties in our area. The taxes are so expensive that we said we could split a big house and maybe be able to afford one! It’s interesting to consider the dorm idea. One thing I thought of was that toward your junior and senior year of college – many want to get away from the dorms. I agree with you about there being benefits – but it isn’t likely to fix much.

    • Hero says:

      I think laughter is probably the stock response when someone mentions adult communal living. Whether it’s a nervous response or truly amused laughter, the thought of living with adults is certainly amusing!

  7. This is so interesting. I can’t say it’s a topic I’ve ever pondered. The introvert in me says “no way”. Though I formed some great friendships in the dorms in college and benefited from them for a few years back then, I wouldn’t want to do the dorm thing again, even if it were to save me some money. I can find other ways to save! 🙂

  8. I had never heard of adult dorms, learn something new every day right? I don’t think I would ever go for adult dorms, I don’t get lonely that easily, now that I think about it.

    I always am able to find something to do to keep myself be busy and don’t have time to feel the loneliness or stress about it. I am content with the social life that I have currently too and I don’t know if I’ll change that perspective but as of right now, I’m content!

  9. If I were single, I’d consider it. I agree with Financialibre that dorms provide the perfect opportunity for forming friendships (and probably romantic relationships too). I recently read an article about friendship that said forming a strong lifelong friendship is best done in an environment where three conditions are met: 1. close physical proximity 2. frequent unplanned interactions 3. an environment that encourages openness.

    I met my husband in a dorm actually. He lived 2 floors down and helped me fix my computer… he knew the way to a nerdy girl’s heart!

  10. No thanks! I just moved out of a dorm at 28 after moving on from my previous job in higher ed, and I’m loving the privacy.

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