• Q & A about Cohousing
• Latest
• How has COVID-19 impacted cohousing?
• Basics
• What is cohousing?
• Is cohousing new?
• What are some examples of cohousing communities?
• How is cohousing different from coliving?
• How is cohousing set up physically?
• How is a cohousing situation setup initially? Who does it?
• Financial
• How is cohousing set up financially?
• How does buying or selling a cohousing property compare with a traditional property?
• Can you save money with cohousing?
• Social
• How are “group” decisions made in a cohousing community?
• Who benefits from cohousing?
• Conclusion
• What are some pros and cons of cohousing?
• Would I do it? Would I join a cohousing community?
• How can you find the right cohousing community for you?
Read More


•  2021: Trends, Changes, Expectations in the Coliving Industry
Feb 26, 2021 by Gui Perdrix

"here are my thoughts and predictions for the coming year...

• Mergers and acquisitions  - more mergers between companies, such as the recent acquisition of Ollie by Starcity. Ollie was the first US brand to receive institutional investment - and it's a big move.
• Bankrupcy  - some operators are struggling although we haven't heard of it officially. Why? They haven't been profitable before the crisis (mostly because of a growth-mindset and optimizing for scaling) and are now dealing with cash flow issues. For the ones that didn't have enough investors backing up, the options will be bankrupcy or acquisitions - which reinforces point #1. Note: those who are struggling are most probably short-term coliving spaces (impacted by covid) and high-density ones (impacted by fear of covid).
• Hospitality changes  - Because of less tourism, a lot of hotels are going to incorporate long-stay. AirBnb already offered long-stay on its platforms, and many hotels are currently exploring the path. They are often still hoping for tourism to go back, but both short-term and long-term changes from hotel to coliving will make economical sense. Moreover, the hotel industry can adapt to the mid-term travelers, like the so-called "slowmads" - digital nomads that stay one to six months in spaces.
• Professionalization of the industry - there will be new regulations coming soon. For example, some of our Co-Liv ambassadors are working with government representatives to determine laws for coliving developments. Moreover, the industry is increasingly being recognized as its own asset class, having Deutsche Bank invest into The Collective or having the first publicly traded coliving fund COLIV.
• What about COVID-19? 🧐 My answer: not much. In fact, it's driving more people into coliving - like AirBnb owners and hotels. Developers all got their permissions to develop amidst the crisis and operators are holding strong (apart of the ones with high density and short-term, or those without investment support - see above). The only ones who are truly impacted are short-term and rural coliving spaces, who are currently moving towards more long-term models.
• From urban to rural  - Because of increased remote work, rural living is more accessible to more people. This will impact real estate prices in sub-urban areas, driving them up, and also the creation of more rural coliving spaces.
• A note on the press  - there is (at least personal) hope that coliving will be spelled "coliving" instead of "co-living" and adopted so by the press, especially by AP - if you want to understand why, read my article about it. Also, be ready for criticism and bad press around coliving, which is normal for new products - for example, the term coliving is equal to deep frustration in Ireland, since some developers thought it'd be a great idea to have 30 people share a 60m2 living room and price them twice as high than neighboring residences. Bad press is inevitable, hence be ready and especially, put effort into building a product and service that serves its residents and the city as a whole.
• Trainings and education - there will be more and more organizations who are going to specialize in training the coliving industry. Two of them are already doing it: with Co-Liv, we created an entire onboarding program for coliving professionals to help them integrate the coliving industry and make the most out of it. And with Art of Co, I'm going to launch several trainings for coliving operators and community builders to create state-of-the-art coliving experiences.
• Niche audiences - I'm amazed by how many audiences are still underserved. Here are the main ones: baby boomers, monoparental families, multigenerational, low-income earners, startup accelerator programs and company employees. Specialize in one of these niches and you'll stand out for sure.

Point is: the coliving industry is growing."   
Read More

•  Coliving Trends in 2021
Feb 24 by Jatinpiplani 

The year 2020 has changed everything in our lives. From the way we live, play, talk, work, interact, eat, travel, earn and even socialize outside
our home spaces.

The impact on the housing sector has been vast- real estate companies have witnessed a loss, apartments unsold, PGs and hostels are seen
empty, interior designers left with no work and much more. The pandemic has forcefully left many unemployed and sent them back to
their respective hometowns. These events have led the operators to rethink and redesign the whole system and adapt to the necessary
changes in this sector.

Here are 5 coliving trends that are foreseen in the year 2021 ahead:

1. Regular Sanitisation and safety measures:
The pandemic has led coliving operators to take a lot of sanitisation and safety measures in their spaces. These include efficiently trained housekeeping, sanitisers installed at every corner, availability to medical assistance, rules for social distancing, doctor on call, frequent cleaning and other safety measures. These factors will act as a pull force for inviting students, working professionals and others to the premium living spaces.

2. Target a larger audience
The pandemic has certainly reduced the requirement for PG or hostel type accommodation in big cities, hence the coliving sector needs to buck up and search for more variety of customers. These can include short time renters, international or Indian medical tourists or subscription based renters.

3. Diversify to TIER 2 and smaller cities
The pandemic has compelled working professionals to move out of big cities as a cost-saving measure. Hence, the co-living market in TIER 1 cities will certainly take time to come back to the pre-covid period. Coliving companies can research and set up their spaces in TIER 2 and 3 cities like Guwahati, Hubli, Jamshedpur, Vijayawada, Belgaum, Ujjain and others.

4. Rise in Acquisitions
In the section of the shared space, there might be more acquisitions to be seen. To meet the flourishing business continuity demands, big branded players would prefer to offer living spaces at a number of locationsinstead of cramming them all in one place. Consolidation was already on the mind in the pre-Covid times, and now brands who have capital will begin to purchase smaller players.

5. New Business Models
The post-pandemic time has led to employees requiring their living spaces near to their offices. They would like to reduce their travelling costs and time. With this, many coliving operators are beginning to construct living spaces near markets, shopping complexes, IT hubs, hospitals and other necessary spots. There would be new business models that may start to emerge as organisations wouldn’t want their employees to be at any kind of health risk.

6. Individual attention
The pandemic has led to self prioritization and individualism. Now, more co-living operators will focus on individual attention, customised and personalised spaces as against the concept of community shared living. The pandemic has brought in a whole lot of new changes or trends. However, the amount of operations in 2021 depends on the lessons taken from the 2020 year. Let’s hope that these upcoming trends bring back the much-lost revenue and name to the co-living operators.

So, these are the top coliving trends in 2021 according to us. I hope You
liked it.   Read More

• COOLEST COLIVING SPACES AROUND THE GLOBE TO CHECK OUT IN 2021
FEB 11, 2021 by VIKTOR VINCEJ

With a rising amount of jobs you can do remotely, the trend of location independent workers is becoming very popular. The fast-growing group of digital nomads usually gathers in co-working spaces designed to provide a solid environment with all essential for getting the work done.

Lately, the nomadism is upgrading to a new level. Nomads are recently demanding more than just a shared office, they also want to live together. Recent months brought up plenty of new-opened co-living spaces where like-minded people co-exist together as coworkers and housemates.

Actually, the co-living concept isn’t a brand new idea. It became popular in 2013 inexpensive locations. Aspiring nomads aimed to cut the expenses living together in shared houses.

Nowadays, entrepreneurs don’t share houses to save a few bucks, but they prefer to be surrounded by an inspiring community of other remote workers.

Table of Contents
• OUTSITE – COLIVING SPACES (WORLDWIDE)
• Coliving Canggu Bali – (by DOJO)
• A Landing Pad – Coliving Space Barcelona
• Sun and Co., Jávea (Costa Blanca)
• SELINA – WORLDWIDE NETWORK
• Wolfhouse – Next Retreat – Tenerife, Spain
• Coworking In The Sun – Tenerife, Spain
• Bendesk Coliving Space – Mallorca, Spain
• KoHUB – Koh Lanta, Thailand
• St. Oberholz – Berlin
• The Collective, London, United Kingdom
• Surf Office – Lisbon, Gran Canaria, Malaga
• Taghazout | Morocco
• Arctic Coworking Lodge – Norway
  Read More

• Coliving in 2021 & Beyond
January 31, 2021
Coliving, Coliving 3.0, Community, Design, research, Sustainability, Technology, Wellbeing

What will 2021 be like for coliving residents, operators, developers and investors? What is possible for coliving in 2021? Last year took a significant hit on the world, and of course, the coliving industry was impacted too. As we take new steps and 2021 unfolds, we choose not rush into things in order to give space and curiosity to innovate ways that can empower us and enable us to integrate all the lessons we have learned. In this article we share with you what we envision for coliving in 2021 and how Conscious Coliving and our partners can support you in your journey ahead.

Coliving 2021: Table Of Contents
• 2021: No Mud, No Lotus
• Supporting the Coliving Industry in 2021
• Coliving Developers
• Coliving Operators
• Coliving Investment
• Coliving Industry Partners
• Resources for Coliving Communities in 2021
• Coliving Apps & Technology: Leveraging Co-Tech 
• Community Building & Community Facilitation
• Coliving Research, Trends, Statistics & Insights
• Coliving Architecture & Design: 2021 Coliving Floorplan Guide 
• Boundaries in Coliving
• "What is Coliving?" - A Definition for 2021 & Beyond
• The Conscious Coliving Manifesto v3.0
• The Art of Coliving
• Measuring Coliving's Impact & Social Value
• 2021: The year of Sustainability in Coliving
• Coliving Business Models: Doing Good is Good Business
• A Helpful Choice Moving Forward: Stubborn Optimism
• Supporting Coliving Communities in their Sustainability Journeys
• Embodying Wellbeing in 2021
• Taking Mindful Steps in 2021 & Beyond 
Read More

• Is a Micro-Apartment Right For You?
09/21/2020 By Laura Mueller

For city dwellers, it’s not uncommon to pay lots of money in rent for very few square feet. But for those willing to gain a little less in order to spend a little less, a micro-apartment could be just the thing.

Pros and Cons of a Micro-Apartment
If you’re trying to decide whether a micro-apartment would be a good fit for your needs (both figuratively and literally), you should probably start with a pro/con analysis. There’s no doubt that micro-apartments offer both big advantages and big disadvantages, and you’ll want to weigh both before deciding whether you should take the leap.

Micro-Apartment Pros
• Often cheaper to rent per month than a standard studio
• Lower utility costs
• Cheaper to furnish and decorate
• Communal amenities, such as pools, gyms, laundry rooms, game rooms, and on-site security
• Easier to maintain and keep clean
• Desirable locations
• No roommates
Micro-Apartment Cons
• Not always cheaper than average rent in the area
• Minimal storage and living space
• No-pet-policies or strict limits on pets
• Not family-friendly or fit to grow into
• Not fit for couples
• May be costly to furnish due to need for specialty furniture
Read More


• What is Coliving? Pros and Cons of Coliving
September 11, 2020 by Davina Ward

Making a move to a new city can feel like a wild adventure. You've got places to explore, people to meet, and tons of things to do. The very first step is finding a place to call home. It's no secret that many major US cities lack affordable housing. That can put a damper on your big city dreams. To combat exorbitant housing costs, people take to the timeless tradition of cohabitating. In short, they get roommates. However, the new housing trend of "coliving" adds a modern twist to this tradition.
People have compared coliving to dorm life and communal living. Some people don't see how it differs from the standard roommate living arrangement. However, coliving is its own entity. It has distinct features that make it a unique option for apartment hunters. But is coliving right for you? This guide has everything you need to know about coliving and whether you should consider coliving during your apartment search. Let's dive in!

• What is Coliving?
• What Does a Coliving Space Look Like?
• How Do Rent Payments Work?
• What's Included in the Rent?
• Pros of Coliving
• Cons of Coliving
• Is Coliving for Me?
• Final Thoughts
Read More


•  Adult roommates: Millennials ‘double-up’ to face changing economic and social environments
Emerging adults might be transforming the very meaning of adulthood
Sept 1, 2020 By Hannah Metzger

"“I wouldn’t want to do it any other way,” Davis said. “It’s like a family. It’s better than coming home to my family.”

More or less, Davis’ housing arrangement reflects that of the average millennial adult today. While a generation ago those approaching 30 were expected to be married with a kid and mortgage, today’s emerging adults live with roommates while juggling a changing social and economic environment.

Between 2005 and 2015, the rates of 18 to 34-year-olds in Colorado living with roommates increased from 24.1% to 28.5%, an increase that was double the national average, according to U.S. Census data. During this time, Colorado had the seventh-highest adult-roommate increase in the country and the largest young adult population among the top states. National rates have also increased drastically. In 1975, only 11% of adults 18 to 34 lived with roommates.

Many emerging adults today are just like Cook: educated, successful, hard-working, but simply not earning enough to support themselves alone. Of 25- to 34-year-olds living with roommates in 2015, 77.7% were employed and 60% had some level of college education, yet 63.3% made less than $30,000 per year, according to census data.

Millennials are financially worse off than the generations before them. The average millennial has a net worth of only $8,000, according to The Washington Post. This lack of financial success is a result of numerous factors.

In 2017, the average annual cost of a four-year college or university was $26,593, $20,000 more than the $5,504 cost in 1985, according to the National Center for Education Statistics. The cost of college has increased nearly eight times faster than wages during the same time frame. In fact, hourly wages for non-supervisory positions have remained relatively stagnant since the 1980s, according to data collected by Axios.

These economic conditions combine to the detriment of millennials. In 2019, the Federal Reserve System found that millennials had only 2.7% of the wealth in the U.S.

Davis said the amount of time she spends with her roommates makes her unavailable for romantic endeavors. She constantly makes plans with her roommates rather than scheduling dates.

“Why would I spend my time on a potential romantic partner that it’s not going to work out with when I could just be hanging out with my roommates?” she said.

This is a sentiment seemingly shared by many millennials as adults are electing to marry later and later. According to census data, in 1960 the median age at first marriage was 20.3 for women and 22.8 for men. By 2019, it was 28.0 for women and 29.8 for men. Marriage rates among millennials are also intertwined with their economic hardships.

Young adults who have never been married are more likely to cite financial security as the main reason for not being currently married when compared to older singles. According to the Pew Research Center, 34% of 25 to 34-year-olds cite financial security as the main reason they’re not currently married while only 20% of those 35 and older say the same.”  
Read More

• 39% of younger millennials say the Covid-19 recession has them moving back home
Aug 5, 2020 Updated Aug 6 2020 by Megan Leonhardt

"Nearly 3 out of 4 younger millennials are concerned that the coronavirus pandemic will impact their finances, with 57% saying that Covid-19 derailed their plans for financial independence.

For many, those plans include having their own place. But 39% of younger millennials (defined here as ages 24 to 29) say they are either planning to or have already moved back in with their parents because of the economic downturn, according to a recent survey of over 2,000 young adults conducted by TD Ameritrade. 

Even some of those who haven’t made the move home are still getting help. About 15% of younger millennials say their parents are paying part of their rent, while another 15% say their parents are covering all of their housing costs. 

Despite their appreciation for the support, 82% of young millennials say they don’t want to rely on their parents financially. In fact, most younger millennials say that before the pandemic hit, they became, or expected to become, completely financially independent by 29. Additionally, most felt that by 28 it was embarrassing to be receiving financial help from their parents.”   
Read More

• Can Co-Living Survive The Pandemic?
Jun 11, 2020 by Paulo Bichucher

In the early weeks of COVID, there was extensive reporting on how the pandemic had accelerated the adoption of e-commerce and dealt a devastating blow to retail landlords. Now, at the lead of Twitter, Facebook and others, companies have accelerated shifts to remote work, with the potential to cause widespread disruption in the market for office space.

Given all the changes that the pandemic has caused us to consider, might it also affect where and how we choose to live? Will we experience a mass migration back to the suburbs and away from shared apartments?

Let’s take a step back and remember the trends that allowed for co-living to exist: the mass migration of young workers into urban hubs, the disparity between real estate prices and salaries, and the desire for flexibility and social interaction over stability and isolation. If I were to summarize, I would say it’s the growth of the cash-poor, experience-rich millennial generation.

Before going forward, I want to state that I am far from an expert on economics, sociology or urban planning. The predictions below represent my opinion on the information I have consumed throughout my career as a co-living space operator, my academic life and this current crisis.

Can we expect continued city migration?

In this environment, CEOs are reducing costs and saving up cash, and leases are certainly a target. The lockdown has reduced new demand for office space, and companies are using it as leverage while extending their work-from-home (WFH) policy until the end of this year or even into early 2021. If the current remote work experience turns out positive, executives will likely consider future growth without office expansions.

What’s the future of co-living?

Unemployment will be harmful to every market, and it’s unclear how long a recovery will take. Yet, new jobs will continue to be created in innovation and education hubs, and more flexible hours will ensue as the new normal.

I forecast that housing as a service will have more and more appeal because these living arrangements reduce friction from moving, offer contract flexibility and allow tenants' income to be spent on experiences rather than rent. It is a living product that can adapt to more flexible times.

The current scenario puts pressure on urban and home infrastructure, though. Co-living spaces need to step up their facilities to endure our new reality. Health safety protocols, restrictions on the number of roommates and spacious common areas become nonnegotiable, just like reliable internet, location and affordability already were.

Community professionals should also think about how they can create value and how to build a sense of belonging and trust among members, away from their go-to happy hour. Promoting empathy and positivity is key. An example is building relationships between members and local commerce: providing access to services that can be a lifeline while also helping businesses survive. Another example is promoting new connections between users, perhaps by asking them to share playlists, recipes, etc. and then matching them based on their tastes.

Co-living can indeed survive and adapt after the pandemic and continue to offer the lifestyle, structure and philosophy millennials are in search of. Times of hardship are known to foster creativity and to boost value-driven products. In the post-COVID world, a convenient community to live and meet like-minded people in could prove to be good deal. Read More


•  COLIVING – THE FUTURE OF LIVING AND WORKING OR JUST CORPORATE DORMS?
May 8, 2020 by Andrew Williams

"The defining characteristic is all coliving spaces offer at least a shared kitchen and living room in the same manner as in a flatshare, but with usually larger and better furnished spaces as coliving spaces focus more on the shared facilities than the individual space.

Coliving spaces are fully furnished, specially-designed living spaces create an inspiring environment for people to interact and share experiences. Most of the inhabitants in the coliving communities say the biggest value of joining a coliving space is the access to the community. This type of space is ideal for people relocating for a new job, studying for a degree, working remotely, starting a new company, or getting to know a new city for a short period of time.

The target customers for this kind of living space are young professionals, entrepreneurs, artists, travelers, remote workers, students who want to benefit from a flexible and furnished lifestyle. Lots of millenials prefer this type of accommodation also for the fact that there is no need for a deposit or 2 months notice to the landlord.

The perks of joining a coliving community

Even though most of the coliving communities offer similar packages like cleaning, breakfast, coworking spaces, the difference is made by the community, the location and the experiences they offer.

Millennial lifestyle and financial struggles are the main drivers of this coliving movement

Coliving appeals particularly to millennials due to rising property prices. Residents of coliving spaces typically range between the ages of 19 and 40 years. They are typically employees of startups, entrepreneurs, or students. A survey conducted in various cities in India found that approximately 72% of millennials were willing to consider a coliving space. Part of the appeal to millennials is due also to a relative reluctance to marry and/or start a family due to cost.

High student loan costs are also a contributing factor why millenials are attracted to this kind of accomodation. From 2005 to 2015, there was a 39% increase for millennials living with housemates. The rise in coliving and similar housing was also impacted by the financial crisis of 2007–2008. Coliving is particularly popular in cities and urban spaces where housing is costly and limited, providing a more affordable and amenity-based alternative to individual apartments. Guests from the same or similar industry tend to be matched together.

Main benefits of joining a coliving community

• Almost no commitments on the lease length (no long commitments on rent)
• In house and include facilities like gym and in house cinema
• Cleaning included in the price
• Monthly rolling subscription
• Access to a network of like minded people and activities for self-development
• Build long lasting relationships
• No headaches with the bills, all included
Drawbacks

• Small rooms(in some coliving buildings)
• Expensive
• Cleaning may not be at a high standard, especially in the kitchens
• Community can become dull due to lack of flow of tenants
• Not suitable for families or couple (rooms are usually small)
So is coliving really the future of living and working?

Societies all over the world are still researching how coliving can solve the housing problem in major cities as well as how it can help to tackle millenials and gen-Z’s loneliness issues.”  Read More

• 12 Lessons Developers Should Learn From The Popularity Of Co-Living
Mar 30, 2020 by Expert Panel, Forbes Real Estate Council

Co-living started as a fad, but a lot of professionals are realizing how useful it is to be living in a shared space. As more workers start looking at remote working spaces as viable employment options, the demand for co-living areas will skyrocket.

Developers need to adapt to this change in mindset early on by providing co-living spaces in their future developments. Here, 12 experts from Forbes Real Estate Council share several insights that developers should take from the rise of co-living popularity with modern populations.

1. Focus On Enhancing Quality Of Life
2. Focus On The End User's Experience
3. Remember That Location Matters
4. Aim To Offer Convenience And Privacy
5. Build A Strong Sense Of Community
6. Continue Offering Flexible Leases
7. Design Layouts Featuring Shared Spaces
8. Build Near Experiences
9. Incorporate Coworking With Co-Living
10. Stay Ahead Of Complaints And Families Leaving
11. Design For Flexible Tenancy
12. Focus On Access Over Ownership
Read More

• COLIVING – DECREASING THE DISADVANTAGES OF MODERN LIVING
March 11, 2020 by cmoore9634

We have finally made it to the last part of the Case for Coliving series! Since we had so much to cover in Part 4 we split it into two sub-parts. In this last piece we’ll discuss the impact Coliving can have on the disadvantages of modern living in today’s Network Communities. As you’ll see below, Coliving can certainly decrease the impact of the Network’s disadvantages, but it will not be easy.
Read More


• Co-Living Trend Is Going Mainstream
February 6, 2020 by REALTORS® Magazine

Co-living is breaking out from being a niche real estate fad and becoming more mainstream, CNBC reports. The practice is serving as a way to get young adults out of their parents’ house and branch out on their own.

“Many of us thought that during the recovery, as the job market improved, the share living with their parents would peak and start falling,” says Richard Fry, a senior researcher at Pew Research Center. “That has not happened yet.”

But housing analysts believe co-living may do that. Co-living brings together a group of people in a shared space. Kitchens and work areas may be communal areas, but sleeping quarters are private. For young adults on a tight budget, co-living is a way to move out of their parents’ house while keeping their rents lower than living on their own in an apartment. Co-living setups also tend to offer more flexible lease terms.

Forty-eight percent of 690 commercial real estate practitioners recently surveyed by the National Association of REALTORS® have reported an increase in group or co-living apartments.

The number of co-living units is expanding rapidly, CNBC reports. For example, WeWork opened two locations under a brand called WeLive in the U.S. Its units in New York offer studios to four-bedroom units. The units tend to cost less than similar buildings in the area. Other companies, including Haven, Common, Ollie, Quarters, and others, are using similar business models in offering up shared common spaces.
Read More

• Co-living spaces used to be for broke millennials, but they're attracting a whole new crowd during the pandemic
Feb 4, 2021 by Hillary Hoffower

• Millennials who fled big cities are turning to co-living spaces in small towns, The WSJ reported.
• Co-living spaces have often targeted young urban professionals in big cities looking to save money.
• They've evolved during the pandemic in terms of location and motivation.

Even when millennials aren't living in pricey urban areas, they want roommates. Co-living spaces have been cropping up in the 2010s, targeting young professionals in major cities like New York, San Francisco, and Chicago... The high demand for these places indicated the large number of millennials looking for roommates as a way to save money on housing costs, as well as a way to meet people… But co-living in a pandemic era has undergone an evolution. What's different is location and motivation.

With big cities on the decline for at least the short term, co-living spaces have picked up steam in the smaller areas that have attracted urban remote workers. And, while loneliness factored into some co-living moves pre-pandemic, affordability was the main driver. That relationship has been reversed by a mental-health crisiscentered on the need for (or lack of ) companionship.

The millennial demographic seeking co-living has also expanded. If co-living spaces largely attracted millennials looking to save money before the pandemic, they're now attracting those who have enough money to uproot their lives. Many of the millennials Putzier spoke with previously lived in apartments by themselves before turning to co-living spaces.

For them, roommates are a choice, not a necessity.
Read More

• Is co-living the new Craigslist?
Feb 2 2020 Updated Feb 2 2020 by Jessica Dickler

• Since the Great Recession, and despite a decade-long economic recovery, more young adults are still living with their parents than on their own.
• What began as a niche real estate trend, co-living, where people reside together and share communal spaces, is going increasingly mainstream as an alternative to mom and dad.

Co-living is another alternative to sharing a home with mom and dad.

As rents continue to rise, more people are looking beyond websites like Craigslist for a shared living arrangement that offers lower costs and better perks. As a result, the number of co-living offerings has expanded dramatically in the last few years.  
Read More


• THE ADVANTAGES AND DISADVANTAGES OF CO-OP HOUSING
September 30, 2019 By NationalCashOffer

The United States is on the brink of a housing crisis yet the media is hesitant to shed light on this emerging problem. The country’s population has more than doubled since the 1970s yet we have not doubled our housing. The answer might lie in co-op housing in which people sacrifice space for a reduced cost of living and fewer responsibilities. However, co-op housing is not for everyone. Below, we shed light on the advantages and disadvantages of co-op housing to help you determine if it is optimal for your unique preferences and financial situation.

Disadvantage: Co-op Housing Puts You in Close Proximity to Others
Advantage: Minimal Maintenance
Disadvantage: Restrictions
Advantage: Co-op Housing is More Affordable
Advantage: A True Sense of Community
Disadvantage: Fees
Read More

What are the Pros and Cons of Living ina a Co-living Space?
September 11, 2019 by Tacoma Flats

You must have heard about co-working; a place where people from different or similar fields work together under one roof with shared utilities, parking, and the Internet. Nowadays there is a new buzz in the town: Co-living or Co-housing. This is equivalent to co-working but with housing and accommodations!
Young people in many countries have widely accepted co-living and co-working trend. Co-living is slowly replacing the concept of traditional housing, providing a comfortable lifestyle to millennials without making a big hole in their pockets. It has changed the definition of expensive living with affordable housing.
Read More


• 8 ways American millennials are changing homeownership, from moving to commuter towns to wiping out the starter home
Jul 23, 2019 by Hillary Hoffower

"Millennials have a lot on their plates... They're juggling rising living costs, staggering student-loan debt, and efforts to catch up from the recession. As a result of their consequent struggle to save, millennials are delaying major life milestones like getting married and buying a home. 

When it comes to the latter, it doesn't help that housing prices have increased — millennials buying their first home today will pay 39% more than baby boomers did at their age, according to Student Loan Hero. Coupled with financial struggles, its causing millennials to change the way homeownership looks in America.

More millennials are living with roommates because they can't afford rent, let alone a house…. But renting is expensive, too. As a result, more millennial renters are living with roommates to cut costs.

In an article for The Atlantic, Allie Volpe reported the facts: From 2005 to 2015, the number of Americans aged 18 to 34 with roommates increased by 23%, according to the US Census Bureau. This doesn't count those living with a romantic partner, but does include those who live with their parents.”  
Read More

What Is Coliving? | A Look Into
Apr 26, 2019
Watch here


• Is Co-Living The New Co-Working?
Feb 7, 2019 y Jeffrey Steele

It's important to acknowledge the co-living movement is almost completely confined to the Millennial cohort. Two seemingly disparate but actually related factors account for the surge in co-living among the Millennial generation, one economic, the other sociological, he says.

“From an economic standpoint, you're dealing with a demo that has come of age in a job market with largely flat wage growth,” he reports. “Meanwhile, for a variety of reasons – like zoning restrictions – housing in many popular cities is very expensive. From a sociological perspective, Millennials are famous for prioritizing convenience and flexibility. Every person wants to feel like they are part of a community, but only Millennials want that community created for them, on demand, instantaneously and with no long-term commitment. Co-living is the perfect solution. While more expensive on a per-square-foot basis, most co-living apartments are cheaper in terms of absolute dollars, offer more flexible terms than standard leases and provide a sense of community with absolutely no commitment.”
Read More


•  What Eight Social Trends Told Us About America's Economy in 2018
December 29, 2018 By Jeanna Smialek and Katia Dmitrieva

"adult dorms/jade rollers" such as coliving facilities as one of the "eight social trends told us about America's economy in 2018.”
 Read More

• 6 Things You’ll Want To Know About Coliving
September 21, 2018 by STARCITY TEAM

Until recently, housing choices for middle-income workers in major cities such as San Francisco and Los Angeles were pretty limited, and none of them were would be what you’d call great. For most, the options looked like this:

• Live outside of the city, which saves you money but costs you in commute time.
• Split an apartment in the city, which is easier on your wallet but takes away some of your privacy (hope you like the randos you live with from Craigslist).
• Throw practically all of your income toward a private place in the city.
And then there’s the new trend of coliving. Some think it’s a magical way that everyone can afford to live in the city, while others call it an overpriced dorm for adults with no privacy.

In reality, like every other choice you make in life, coliving comes with its pros and cons, and we’re here to help you sort through it all. Here’s what you need to know:

What is coliving?
Coliving is a way of living that allows renters to dwell in big cities by sharing living space with other people. Starcity, for example, turns underutilized buildings in San Francisco into well-designed community homes that typically house 10 to 20 people.

You may have read that coliving is like living in a dorm, and in a way that’s true — you live with other people and share common areas. But, unlike a dorm, you get a private, fully-furnished room (goodbye bunk beds and Ikea lamps), you have the freedom, time, and resources to explore your dream city, and, well, you probably don’t have homework.

Pros and Cons to Co-Living
Oct 30, 2017 by Elizabeth Jochems

Co-living is becoming a strong, up and coming way of life. It is cheaper and an easier way of life, it helps people meet friends and have a community environment. But people fail to realize some of the cons when applying for this housing.

Cons:
1. Sharing Isn’t Always Caring
2. Random Does Not Always Work
Pros:
1. Sometimes it Does Work
2. New Options
Read More


•  Roommates aren’t just for millennials
July 01, 2017 By Chava Gourarie

"As rent rises faster than income, shared-living arrangements are on the up.”  
Read More

•  Why American millennials may never get to live alone
April 8, 2017 by Alessandra Malito

"Sharing the rent with someone could save 13% of your income.  There’s more evidence that renters are just as likely to be struggling as homeowners.

A typical renter in Miami would need to spend nearly 50% of his or her income to rent a one-bedroom apartment, but a typical millennial renter would need to spend 54% of his or her income in that city, according to a recent analysis of rental listings by real estate site Trulia. In Los Angeles, millennials pay nearly 39% of their monthly rent versus 34% for the average renter. In New York, they pay as much as the average renter (34%) and pay slightly less than the average renter in San Francisco (33.5% versus for the average renter 37%)

The solution is simple, though maybe not ideal for everyone: In America’s biggest rental markets, a renter can save on average 13% of his or her income by getting a housemate. While splitting an apartment with a roommate will save money, the benefits of sharing a living space vary from city to city, home to home. In Miami, millennials save 19% of their income in a two-bedroom apartment and they can save 14% in Los Angeles and New York, but only 9.5% in Washington, D.C. In all cases, except Miami, they can pay less than 30% of their income on rent by having a roomie.

Even in markets with the lowest amount of potential savings, it’s still worth considering having a roommate, Trulia found. In Minneapolis, which has the lowest potential savings, a renter could save the equivalent of 5.3% of median household income or $310 per month; in St. Louis, the renter could save 5.7% or $260 per month; in Dallas 6% or $310 per month; and 6.6% or $400 per month in Baltimore.

Once upon a time, 30% of your income was the maximum you were supposed to spend on rent, but these days the median amount renters spend across the country is almost 40%. As MarketWatch reported last month, many renters of all ages spend north of 30%. On average, renters in the Marin County/San Francisco metro area will spend over 77% of their salary to pay rent in 2017, according to a study by Attom Data Solutions, the parent company of real-estate website RealtyTrac.

More than 20% of millennials lived with a roommate as of 2015, Trulia said, but many others are holding off on rent and still living at home with their parents. “Young people today are increasingly living with a roommate — whether it’s their parents, siblings, other relatives or friends,” said Ralph McLaughlin, chief economist at Trulia. “Many are saddled with college debt and struggling to find good paying jobs that will enable them to form their own households. Until they do, many will continue to rely on roommates to save on housing costs.”  
Read More

•  Millennials are paying thousands of dollars a month for maid service and instant friends in modern 'hacker houses'
Mar 8, 2017 by Melia Robinson/Business Insider
The "hacker house," "commune," or whatever your preferred name for dwellings that pack in a large number of residents, is going mainstream as millennials continue to migrate to high-priced urban areas in droves. Startups have taken to rebranding the homes as "co-living" spaces.
Read More


• Dorms for Grownups: A Solution for Lonely Millennials?
In a new model of living, residents will have their own “micro units” built around a shared living space for cooking, eating, and hanging out.
NOVEMBER 6, 2015 by ALANA SEMUELS

Co-working is probably a familiar concept at this point, but Evans wants to take his idea a step further. On Friday, on the top two floors of the building, he’s starting construction on a space he envisions as a dorm for Millennials, though he cringes at the word “dorm.” Common space, as he’s calling it, will feature 21 micro units, which each pack a tiny kitchen, a bathroom, a bedroom, and a living space into 300 square feet. The micro units surround shared common areas including a chef’s kitchen, a game room, and a TV room. Worried about the complicated social dynamics of so many Millennials in one living unit? Fear not, Evans and partner John Talarico are hiring a “social engineer” who will facilitate group events and maintain harmony among roommates.
Read More


• Skyrocketing Number of Millennials Living With Housemates
Nov 3, 2015 by Alexandra Talty

"More millennials are shacking up than ever before. And no, not in matrimony… According to a new study, the number of 25 to 34 year old living with housemates increased by a whopping 39 percent from 2005 to 2015, from 5.7 to 7.4 percent.”  
Read More

•  More Millennials Living With Family Despite Improved Job Market
July 2015 by Richard Fry, Senior Economist Kim Parker , Director, Social Trends Research Molly Rohal, Communications Manager 

This report presents the trends in the living arrangements, household formation and salient labor market outcomes of 18- to 34-year-olds since 2007. The labor market recovery has generally been more robust for better-educated young adults, and the report provides trends broken down by education. The analysis is based on the Current Population Survey. This survey is explicitly designed to measure labor force outcomes. It also is one of the major government surveys on household formation and living arrangements. Conducted monthly, it provides the most up-to-date information, as well as a variety of housing and labor market indicators.   

The report is a collaborative effort based on the input and analysis of the following individuals. Richard Fry, senior economist, analyzed the data and wrote the report. Kim Parker, director of social trends research, and Claudia Deane, vice president of research, provided editorial guidance. Michael Keegan and Peter Bell provided additional graphic support. Number-checking was done by Eileen Patten, research analyst. The report was copy edited by Molly Rohal. Michael Suh provided Web support. Find related reports online at http://www.pewsocialtrends.org/

Millennials in this report are defined as adults who were born in 1981 or later years. In 2015, Millennials are ages 18-34. This report is an analysis of adults ages 18-34 across all years; it is not an analysis of the Millennial generation as it has aged. The analysis of 18- to 34-year-olds in the years 2000-2014 includes both Millennials and Gen Xers (born in 1965-1980). For example, in 2007 adults ages 18-26 were part of the Millennial generation, and adults ages 27-34 were part of Generation X. 
Download the report

•  The Percentage Of Adult Americans Living With Roommates Has Been Surging
Nov 3, 2014 by Shane Ferro

“Here's one reason the housing recovery hasn't been quite as robust as it could have been: roommates.
Millennials living in their parents' basement is a somewhat tired trope, but the idea of doubling up — moving in with a roommate (or a family member) because incomes are stagnant and rents are rising — is a real phenomenon.

A new report out from Zillow shows that the number of adults in doubled up households increased to almost a third of all households, from 25.4% back in 2000. That's a loss of 5.4 million potential household formations.

A lot of these missing household formations are in places where rents are rising faster than income (Florida, California, New York, etc.). According to the report, the silver lining is that there could be a lot of pent up demand for new housing once these doubled up households are read to strike out on their own. But there's no indication of exactly when this might happen. Wage growth, although finally showing some signs of life, still isn't accelerating faster than average rents.

And then, there's this: "On average, doubled-up adults make 76 percent of the median income of people without roommates, which means it can take longer to save up for a down payment or deposit on a place of their own," according to Zillow.”  
Read More

• A Rising Share of Young Adults A Record 21.6 Million In 2012 - Live in Their Parents’ Home 
August 2013 by Richard Fry

In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, according to a new Pew Research Center analysis of U.S. Census Bureau data. This is the highest share in at least four decades and represents a slow but steady increase over the 32% of their same-aged counterparts who were living at home prior to the Great Recession in 2007 and the 34% doing so when it officially ended in 2009.   

A record total of 21.6 million Millennials lived in their parents’ home in 2012, up from 18.5 million of their same aged counterparts in 2007. Of these, at least a third and perhaps as many as half are college students. (In the census data used for this analysis, college students who live in dormitories during the academic year are counted as living with their parents).    

Younger Millennials (ages 18 to 24) are much more likely than older ones (ages 25 to 31) to be living with their parents—56% versus 16%. Since the onset of the 2007-2009 recession, both age groups have experienced a rise in this living arrangement.   

The men of the Millennial generation are more likely than the women to be living with their parents—40% versus 32%—continuing a long-term gender gap in the share of young adults who do so.

The steady rise in the share of young adults who live in their parents’ home appears to be driven by a combination of economic, educational and cultural factors. Among them:   

Declining employment. In 2012, 63% of 18- to 31-year-olds had jobs, down from the 70% of their same-aged counterparts who had jobs in 2007. In 2012, unemployed Millennials were much more likely than employed Millennials to be living with their parents (45% versus 29%).   

Rising college enrollment. In March 2012, 39% of 18- to 24-year-olds were enrolled in college, up from 35% in March 2007. Among 18 to 24 year olds, those enrolled in college were much more likely than those not in college to be living at home – 66% versus 50%.  

Declining marriage. In 2012 just 25% of Millennials were married, down from the 30% of 18- to 31-year-olds who were married in 2007. Today’s unmarried Millennials are much more likely than married Millennials to be living with their parents (47% versus 3%).   

These three compositional changes do not explain all of the increase in living at home since 2007. A Pew Research trend analysis shows that within each of these growing demographic sub-groups -- the unemployed, college students and the unmarried – a higher share of young adults were living in their parents’ home in 2012 than in 2007.
Download the report

•  THE ULTIMATE GUIDE TO COLIVING by OUTSITE
Download the Guide