NewsUnconventional hustle: Renting half a bed sparks new trend

Unconventional hustle: Renting half a bed sparks new trend

Monique Jeremiah found an unusual way to make money
Monique Jeremiah found an unusual way to make money
Images source: © Instagram | monique_jeremiah_model
Jacek Stańczyk

3 August 2024 09:41

In today's reality, unconventional business ideas can bring big profits. An Australian woman boasted long ago that she rented half of her bed. And to a man. Is the concept of "hot bedding" a sign of future trends?

Monique Jeremiah, living in Australia, announced a year ago that she found a way to quickly improve her household budget. She decided to rent out the free part of her bed. Is this idea safe? She has specific guidelines for it.

Controversial business of the Australian woman

The cost of renting apartments is constantly rising, and few people can afford to buy their own property. Monique Jeremiah developed a simple yet highly controversial method for this, which certainly isn't for everyone.

Monique decided to rent out the unoccupied part of her bed. Her first roommate was her ex-partner, whom she had broken up with before the pandemic. She chose this solution because she feared loneliness during the lockdown.

In an interview with "7news," Monique emphasized that it was a purely business relationship. As she explained, she wasn't interested in sex or a relationship.

Jeremiah rented half of the bed for 150 Canadian dollars per week, which was approximately 118 US dollars at the time. The rent included internet, electricity, and water bills. Her ex-partner also had access to shared spaces like the kitchen and bathroom and a spot in the closet.

"Hot bedding" to dominate the real estate market?

The term "hot bedding" is borrowed from the popular "hot-desking," which involves sharing a desk at work.

Monique admitted that this activity allowed her to earn extra money, which helped her pay off her mortgage. Moreover, others have picked up on her method. According to research from the University of Technology in Sydney, many students already use this rental form. Last fall, there was much talk about a broker in Toronto, Anya Ettinger, who showed an offer on TikTok for renting a bed (it wasn't her bed) for 900 Canadian dollars.

It’s still not an exceedingly popular trend, but it needs to be noticed.

Monique Jeremiah, however, noted that before accepting someone into your bed, it's worth considering carefully. You need to set the rules for cohabitation and make sure that the other person isn't expecting anything more.

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