What initially revolutionized workspaces with co-working, now extends to the housing market with Co-living, a phenomenon that has its origins in Silicon Valley when the housing shortage coincided with the arrival of a large number of young professionals wanting to socialize. Through this new formula that offers, millennials not only lived in space but also took full advantage of their experiences with the rest of the inhabitants of the house.

This is a new housing phenomenon where tenants not only share housing but also have related jobs and coincide in lifestyle. A new model of life that begins to be implanted timidly in our country and that for many investors is a much more profitable product than other forms of residence. But to what extent are we prepared for this new model of life?

At Large Expenses, Large Arrangements

What is clear is that millennials, young people born between the 80s and 90s, are the new users of the real estate market, and the sector, of course, monitors it with a magnifying glass, and it is that according to studies done to this target that represents 24% of the population, young people who enter the labor market prefer to rent than to buy.

In truth, it’s not that they don’t want to buy. They are realistic and see that they have nothing easy. Job instability, lack of savings, high prices, and the desire to see the world is not great allies when it comes to buying a first home. Under these premises, co-living responds more to a need than to a trend, and it offers a much more affordable and flexible alternative. But not only that, because thanks to this collaborative model, members can enjoy a way of life designed and built to share experiences.