Coliving trend and potential investments

[Michael Mayer]

Hey everyone

I do not know if anyone has discussed the coliving trend that some companies are betting on. I believe it has taken off in the commercial space (companies like WeWork https://www.wired.com/story/this-is-why-wework-thi...). Companies can rent space and do work together. I am not familiar with it personally, but I know Chicago, San Fran, NYC, etc have these types of spaces.

WeWork is also betting on this concept for residential living. Many young people are choosing to rent and do not mind the concept of roommates. I am 28 years old and have no problems with roommates. I, like many melinnials, value experiences and coliving can be part of that. I am sure concepts like AirBNB seemed crazy at first but now people are really starting to embrace it. 

Co-living article

https://www.forbes.com/hsbcpersonaleconomy/shared-...

I think this could work in expensive cities with young professionals. The value compared to a traditional set of apartments or condos is the experience and potential for genuine interaction. It is very similar to college campuses with dorms. People who are new in a city, like myself, would benefit from these experiences. No different than being a freshman coming to college.

I am a new investor, but I could see this trend happening more and more. Has anyone experimented with this or seen how it works? Has anyone lived in one?

Thanks all