# Intergenerational Housing Programs NYU Students will Live with the Elderly to Reduce Housing Costs By Joey Haar | Published 2016-11-29 | Social Good Source: Trend Hunter, https://www.trendhunter.com/trends/nyu-students References: [mashable](http://mashable.com/2016/11/28/nyu-elderly-dorm-housing/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_source=feedly&utm_medium=webfeeds) & [medium](https://medium.com/nyu-affordability/progress-in-affordability-at-nyu-68a457b30676) Life in New York City is different depending on the citizen: an elderly NYC citizen will live a very different life from NYU students, for example. But, no matter who's living in NYC, the constant is that they're probably paying [high rental fees](https://www.trendhunter.com/trends/housing-canada-coalition) for their apartments. To help the NYU students who might not even have any income to supplement their rent, the university has introduced an [intergenerational housing program](https://www.trendhunter.com/trends/moongate). According to NYU's 'Affordability Steering Committee,' the average yearly housing rate in NYU residence halls is $13,000. To reduce this figure, students will have the option to live with older New Yorkers in the area who have a spare room available. Through such a system, NYU predicts that NYU students' rents will fall by at least half. ## Trend Insights (Trend Hunter) - Score: 1.3/10 - Popularity: 5% | Activity: 26% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Social Good](https://www.trendhunter.com/socialgood) > [Education](https://www.trendhunter.com/education) ## Key Themes ### Key Themes Behind This Trend - **Intergenerational Housing:** Creating living arrangements that bring together different generations to reduce housing costs for students. - **Affordable Housing:** Finding innovative solutions to reduce the high rental fees in cities like New York, such as intergenerational housing programs. - **Co-living:** Exploring collaborative housing options that allow students to live with older individuals, creating a sense of community while reducing costs. ### Where This Applies - **Higher Education:** Intergenerational housing programs present an opportunity for universities to address the housing affordability challenge faced by students. - **Real Estate:** Real estate developers can explore partnerships with universities and seniors to create intergenerational housing solutions that benefit both parties. - **Senior Care:** Intergenerational housing programs can offer seniors an additional source of income while fostering a sense of purpose and companionship. ## Related on Trend Hunter - [Senior Rental Services](https://www.trendhunter.com/trends/rent-elderly-people.md) - [$1 Tiny Apartment Rentals](https://www.trendhunter.com/trends/tiny-apartment-rental.md) - [Affordable Social Housing Campuses](https://www.trendhunter.com/trends/the-atrium-at-sumner-houses.md) - [Low-Impact Garden Dwellings](https://www.trendhunter.com/trends/the-senior-shelter.md) - [Retiree Influencer Houses](https://www.trendhunter.com/trends/retirement-house.md) - [Alternative Housing Co-Living Buildings](https://www.trendhunter.com/trends/bay-state-cohousing.md) - [Educational Affordable Housing Initiatives](https://www.trendhunter.com/trends/educational-affordable-housing-initiatives-habitat-for-humanity-guelph-well.md) - [Flexible Coliving Platforms](https://www.trendhunter.com/trends/coliving-platform.md) - [Housing Collective Projects](https://www.trendhunter.com/trends/la-comunidad-habitacional.md)