You don’t hear much about boarding houses (or people living in them) much these days, primarily since they went out of fashion after the post-war economic boom.
However, I see no reason why they can’t make a comeback, especially in this rotten economy. Look at it this way: Joe Millenial leaves college with a McJob (if he can get one at all) and tens of thousands in student loan debt. He could move back in with his parents (which many, many have done and are continuing to do); he can rent a crappy apartment in a slum and slog it out day by day, having enough money for ramen noodles, video games, and weed, and not much else; or he can find an old spinster who rents out a room for $x per week and provides meals.
Seems to me that this is an old-timey business model that is poised to make a comeback.
What say you?