The ability to stay in incredible homes in the world’s top citiesJ. Walter Thomson listed Global Nomads as one of the top 100 trends for 2018—which isn’t all that surprising. After all, thanks to technology that keeps you connected wherever you go, more and more people are choosing to become freelancers or start an online business. Others have employers who are willing to let them work from remote. It all boils down to individuals having more freedom as the world is moving to more fluid ways to work and live.
But co-living also meets another important need: whether it’s a shortage of rental properties or rising home prices, it can be difficult to find affordable housing in some of the world’s most desirable locations. And this problem could even hinder companies from hiring the best talent because workers simply can’t afford to move.
Maja-Stina at Tech Farm, a network of co-living and co-working spaces in Stockholm, explains the demand for new living arrangements:
“This type of living is needed to meet the housing shortages in big cities, to improve the efficiency of living spaces, to create greater prosperity, and to counteract loneliness. We also have to satisfy the millennial demand for a freer and more modern way to live. Millennials own less, see the whole world as their playing field, work digitally, and want to self-realize. The co-living accommodation, therefore, needs to be flexible, global, digital, and inspirational.”