If you are new to a city, living on a budget or searching for a community, “Co-Living” may be the right option for you.
Shared living companies such as WeLive, Common, Outside and Roam are bringing communal living into the 21st century. Co-Living provides an affordable, high-density living solution with shared spaces that foster community and bring together like-minded individuals. Co-living spaces cater to a specific market made up of single, young professionals who are looking for freedom, flexibility and a community.
In the age of Tinder and Grindr, many young people find it hard to make friends in a new city. While there are new services for young people looking for connection, Co-Living allows people to create relationships in an organic way that circumvents the experience of finding a crappy apartment, living with strangers, and searching high and low for a social life.
“Being together is better than being alone”
Adam Neumann, co-founder and CEO of WeWork and WeLive, told the New Yorker that he is convinced that people are meant to live in groups. As a teenager in Israel, Neumann lived on a kibbutz (a communal settlement). Nuemann said, “The fulfillment I felt being part of a community was so real, gave me so much strength to deal with my own personal challenges, that it’s always been ingrained in me that being together is better than being alone.”
In many co-living developments, you will feel transported back to the days of college dorm living. Co-living company WeLive rents anything from private one-or two-bed studios to a single bed in a three- or four- bedroom units. Residents have shared living, cooking, and working areas, but some units include kitchenettes, sitting areas, and bathrooms. Rent does run high— from an average of $800 per month for a bed in a shared unit, to $2000 per month for a private one-bed studio. Although, rent typically includes your furnished unit, the communal areas, toilet paper, dish soap, etc. as well as WiFi, cable, cleaning services, and community events such as movie nights, yoga class, and more.
While some argue that co-living just perpetuates the "self-centered" and "disconnected status quo" that comes along with millennials in the digital age, other choose to focus on what is driving urban environments to be in need of things like co-living developments. Questions like why the housing market is so expensive, how to solve the lack of low-income housing, or where elderly folks can turn to when they need similar services, are where others are focusing. While these problems are outside of what co-living solves, innovation in the housing industry is the first step to addressing the more serious issues in our urban society.
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