You just landed your first entry level job. Not the salary you wanted but you could not pass up the opportunity. So between your student loans and the increasing rent costs, you find you end up living paycheck to paycheck. The roommate thing is not for you as you learned from your college years. However, in major cities throughout the US, a new form of housing has become popular called coliving.
Some believe that traditional housing models are flawed, and there is room for improvement when it comes to finding housing and fulfilling this basic human need. Co-living is just one way to accomplish this. Co-living is shared housing for people with shared intentions. It is meant to support a more purpose-driven lifestyle while maintaining an urban lifestyle that continues to value openness, sharing, and collaboration. This kind of environment inspires residents to become active participants while cultivating collaboration in their extended community.
You have completed your education and are ready to face the world, but it is not easy. Wages remain stagnant as prices rise. You have student loan debt and are working at an entry level job. Then there are those nagging little expenses, like eating, utilities, internet, the list goes on. So before you give up and move into Mom and Dad’s basement, consider coliving. Coliving will help you significantly lower your living expenses.
Over the years, the nature of work has evolved rapidly. Telecommuting or remote working has become widely accepted. Then, coworking offered young professionals and startup entrepreneurs a way to work in an office environment, but with a few twists. They work in one building with other people and companies, allowing them to expand their network and save on operational costs at the same time.