Let's face it: living alone can be isolating. Wouldn't it be great if you could enjoy the company of other people in your living space, while still having privacy and personal space? It sounds like the best of both worlds—and it's called co-living.

Co-living is when people typically rent shared living spaces that are usually smaller than apartments or houses, but bigger than dorm rooms. Some people also rent out big villas for a short period of time to enjoy luxurious facilities they would not be able to afford on their own. While some people see co-living as a new form of dorm life, others see it as an entirely different way to live that will continue to grow as a trend. Let's explore this field in more depth to see how it works and what it means for your future.

Defining Co-Living

As more people seek to live with other like-minded individuals, co-living is becoming increasingly popular. It's like renting out an Airbnb but with a social component—a new way of living that blends the best parts of shared housing and apartment life. People are coming together online with services like mapmelon to share common interests, form communities, and make friends.

The concept of co-living is based on the belief that by living with others who share your interests, you can foster new relationships and cultivate personal growth. In addition to housing, co-working spaces are also available in such communities so residents can work together on projects or attend seminars that match their personal preferences.

The Benefits Of Co-Living

Co-living has several benefits that you might not have considered.

• It’s about living a community.  Co-living is about finding a community for a given time in a specific area, not about living together long-term necessarily. This helps create a sense of belonging and togetherness among remote worker and digital nomads who often struggle with loneliness and feeling disconnected.
• It’s more affordable. In the long run, living in a co-living community can save you money because of all the advantages listed above (less rent, free utilities, shared meals). For example, if your average monthly rent is $1,000 and then you get together with other people who also want to save money on housing costs and split an apartment or house between six or eight people instead of four – now all those savings can be put toward other things like travel or starting businesses.
• You'll have friends nearby. Co-living is all about building communities where people support each other while living in close proximity. This allows them to enjoy more frequent interactions which help build stronger relationships over time. And having friends nearby means that when something exciting happens in your life—a new job opportunity comes along—you have someone to celebrate with right away instead of waiting until they come back from vacation before telling them the news!
• It’s more environmentally friendly. There are many reasons why living in a co-living community is better for the planet than living alone or with just one roommate: 1) You use less energy, 2) you reduce waste by sharing resources, 3) you can share cars and bicycles, and 4) you don't need as much space.

How Co-Living Enterprises Can Help Solve Society's Problems

The platform coliving.com has over 12,000 rooms available in 60+ countries across 1,300 homes showing that there’s a growing demand for the co-living lifestyle. But what does this mean for society? On paper, it’s easy to see how coliving can help solve some of our biggest problems.

1) You use less energy

2) You reduce waste by sharing resources

3) You can share cars and bicycles

4) You don't need as much space

As prices for rent and utilities are rising across the globe and the issue of loneliness, especially in big cities, continues to grow, co-living is one possible solution.

Co-Living Is A Way For People To Benefit From The Community They Live In

With all of the pressures of modern life, co-living seems like an exciting prospect. The idea that we can live in a community with like-minded people who have similar values and interests is an appealing one. However, there are still some issues that need to be worked out before this type of lifestyle becomes mainstream.

For example, many people might not want to share certain spaces like a bathroom or kitchen with strangers. In fact, some would rather live alone than cohabitate with others. Additionally, it remains unclear whether co-living will be able to solve some of society’s biggest problems such as increasing property and rent prices without causing other issues like gentrification or discrimination based on socio-economic status. Overall though, there is no doubt that co-living has its benefits which make it worth considering as part of our future homes!

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Further Reading

• Harvard Magazine - The Loneliness Pandemic
• LA Times - Welcome to Portugal, the new expat haven. Californians, please go home
• CoLiving.com - Is coliving the next big hospitality trend?

Image Credit

• Pexels, Giphy