Marketplace®

Daily business news and economic stories
Season 8Episode 13Dec 7, 2023

Free rent’s gonna cost you

When home is a horror show

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Chris (left) and Jake (right) at Jake's wedding.
Chris (left) and Jake (right) at Jake's wedding.
Jake Daugherty

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When Chris Badeker and Jake Daugherty were in their 20s, they were best friends, roommates and bandmates. They were both deep in debt and barely scraping by with low-wage jobs, and they would do anything to save money. At one point, Chris wrote out what he was earning and what it cost him to live. “The number came out to, like, negative 17,” he said. 

They couldn’t catch a break … but then an opportunity presented itself.

They could live rent-free in a hoarder house in exchange for cleaning it out and fixing it up. They pictured a movie montage, drinking beer and eating pizza with their buddies. They thought they could get it in tip-top shape in a few days and then coast on the free rent, pay down their debts and focus on their band.

But it didn’t take long to realize that their dream would never become reality. “It looks like a Jumanji house,” Jake said. “We enter, and I’m immediately amused and afraid.”

Over the next year, the house would test them physically and mentally. It would push their friendship to the brink and make them question how much they could endure to save money.

The Team