People 'hot bedding' share bed with stranger, sleep in shifts

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Business Business Headlines News

People are 'hot bedding,' or sharing a bed with a stranger and sleeping in shifts to save money on rent

As housing prices soar, more adults are opting for roommates. But would you be willing to share a bed to cut down on rent?Hot bedding involves sharing a bed with a stranger, usually while sleeping in shifts. SBS News

that she splits $550 to rent a room with a man who works night shifts as a truck driver. The woman, who went by the pseudonym"Priyanka," told the publication that she sleeps in the bed at night while the truck driver sleeps in that same bed during the day. On days when the truck driver isn't working, she told SBS News she's not able to use the bed, and instead camps out in a"storeroom" in the house that can squeeze in a mattress.

Hot bedding isn't exactly new, but Priyanka's story is the latest example of a creative solution for those feeling the financial crunch of inflation and rising rent costs.Australian Bureau of Statistics reported a 7.3% increase in the living cost index between 2022 and 2023. Immigrants and international college students may be susceptible to financial struggles from inflation. They move countries for a better life, sometimes unaware of the high cost of living and the housing crisis.polled 7000 international students living in Sydney and Melbourne. Of the students surveyed, 3% reported hot-bedding to save on rent.

Although the concept of hot bedding has mostly been reported on in Australia, but sharing a mattress could be spreading to other countries. In June, a Canadian landlord

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Insurers may shape where people live; some people could be left outAs the climate crisis intensifies, insurers will likely reshape where people live — leaving desperate homeowners in the lurch
Source: BusinessInsider - 🏆 729. / 51 Read more »

Authors fear future of BookTok as ByteDance launches book companyTiktok parent company ByteDance wants to capitalize off the success of BookTok but authors worry it might ruin BookTok in the process
Source: BusinessInsider - 🏆 729. / 51 Read more »

Data scraping 'doesn't pass the sniff test' for causing Twitter rate limit: RothElon Musk blamed data scraping for strict 'rate limits' on viewing tweets. Twitter's former head of trust and safety says it's not the first time the site's been broken by someone 'bumbling around in the rate limiter.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

24 'strong-buy' stocks with most upside, including one with 340%: TipRanks24 'strong-buy' stocks with the highest potential upsides based on consensus price targets from Wall Street's top-performing analysts, according to a fintech company
Source: BusinessInsider - 🏆 729. / 51 Read more »

Airbnb hosts share top software tools to increase productivityFull-time Airbnb hosts who work between 2 and 15 hours a week on their portfolios share 5 tools that help them improve efficiency and free up more time
Source: BusinessInsider - 🏆 729. / 51 Read more »