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.