Hi,
Co-living is one of the newest ideology which is welcomed among people. In my point of view, Co-living is a brilliant idea which can develop a friendly neighborhood and even help people to earn a few bucks too!
Hi,
Co-living is one of the newest ideology which is welcomed among people. In my point of view, Co-living is a brilliant idea which can develop a friendly neighborhood and even help people to earn a few bucks too!
Lol clearly this guy has a dog in the fight. Strong first post.
I'm skeptical it will take off in any meaningful capacity because
The Capital Markets will not understand or underwrite deals to the benefit of co-living
It's incredibly niche - it's only attractive to a certain age group
From an interior design/construction perspective, i wonder if it's best to build co-living to spec, rather than retrofit existing MF into co-living type environments
I also believe that since it involves tenants and physical space, there will be a lot of hurdles for adoption.
Not an expert on zoning, but does zoning allow this for the total addressable market?
Agreed that the rent per square foot is killer. However, who are the long-term tenants for these? The way I see it, the co-living spaces are great for a recent college graduate who is moving to a new city and doesn't have any friends or a significant other to live with. For those people, living in a co-living space is likely the best bang for their buck.
For those who have potential roommates (friends or a significant other), they would choose to live with them in a traditional apartment since the quality-of-life relative to the cost is much better.
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Hi, Co-living is one of the newest ideology which is welcomed among people. In my point of view, Co-living is a brilliant idea which can develop a friendly neighborhood and even help people to earn a few bucks too!
Lol clearly this guy has a dog in the fight. Strong first post.
I'm skeptical it will take off in any meaningful capacity because
Agreed that the rent per square foot is killer. However, who are the long-term tenants for these? The way I see it, the co-living spaces are great for a recent college graduate who is moving to a new city and doesn't have any friends or a significant other to live with. For those people, living in a co-living space is likely the best bang for their buck.
For those who have potential roommates (friends or a significant other), they would choose to live with them in a traditional apartment since the quality-of-life relative to the cost is much better.