Coliving is increasingly becoming popular among the younger generation. You can now see many spaces being specifically designed for the purpose. Here’s why it’s so great!
Co-Living | Image by Austin Distel via Unsplash
What is Co-living?
Co-living, or shared living, is a housing arrangement where people live in a shared space and share common amenities. It is a relatively new concept that has gained popularity in recent years as a more affordable and flexible housing option, particularly for young professionals and students.
Why the popularity?
Looking to the future, it is likely that co-living will continue to grow in popularity as a housing option. One trend that is expected to continue is the integration of technology into co-living spaces. This might include smart home systems that allow residents to control various aspects of their living environment, such as temperature and lighting, through a smartphone app.
Designed for you
Another trend that is likely to emerge is the development of coliving spaces that cater to specific demographics or lifestyles. For example, there may be co-living spaces designed specifically for artists or entrepreneurs or those that offer wellness-focused amenities such as yoga studios or meditation rooms. Such can be seen in spaces offered by lyf by Ascott.
Work and play
There is also potential for co-living to expand beyond traditional residential buildings and into other types of spaces, such as coworking spaces or hotels. This could create a hybrid model where residents have access to both a place to live and a place to work, all within a shared community.
Overall, the future of co-living looks bright, with the potential for continued growth and innovation in the sector. As more and more people look for flexible and affordable housing options, co-living is likely to become an increasingly popular choice.