Thats what I and my friends do do - however, in the areas of these homes the cost can be absolutely gargantuan to buy - like completely out of range. A $3mil ho

Thats what I and my friends do do - however, in the areas of these homes the cost can be absolutely gargantuan to buy - like completely out of range. A $3mil house is $15,200 per month just for the mortgage, round up other expenses to around $18,000. Its very hard to get 10 people together that can afford $1800/mo that wouldn't prefer their own place, and as the amount of people go up the risk of people moving in and out constantly goes higher. We live in a $600k large house and pay a lot less. We may upgrade eventually, but keeping a group of people together for that long can be difficult - even if socially there's a lot of cohesion, most often its a job opportunity that requires someone to move.