An interesting concept by James Scott and The Collective, covered by Jessica Mairs for Dezeen:
The idea in itself is interesting to think about, especially considering the rise of co-working spaces even in my own town.
Scott’s vision and reasoning behind “co-living” goes pretty deep:
Also interesting to think about. It’d call “suspended adulthood” a subset of the overall millenial mentality and lifestyle, which, if you think about it, is gradually shifting what it means to be an adult.
Sounds like they’re pretty serious about it. While Scott’s vision is admirable and understandable to an extent, I don’t think the market is for something that radical, unless the prices are really justifiable. Something tells me that isn’t the case, especially considering the premise that people nowadays don’t like commitments — I’d figure financial commitments are pretty high up the list of ones people don’t like the most.
So, I took a look at their website for Old Oak, the recently opened co-living space referred to above. It starts from £250/week, almost 62,000 Php monthly, and that covers "Rent, bills, council tax, wifi,” and “cleaning”. They also promise "No deposit or hidden fees”, so it sounds pretty straightforward — I’m sure that’s the point.
Exploring the website, I found myself realizing it’s basically a really big co-working space, only with beds and kitchens, and you live in it and never have to leave. Sounds fair, until you see how microscopic the actual “twodio” apartment unit is. I’m guessing the reasoning here is that you’re paying for the environment and access to amenities more than anything else, including the actual living space. (Also, while access is made a selling point, it can also prove to be a major wallet drain if you’re looking to avail of the other paid services to attain the “full co-living experience”.)
I think there are too many tradeoffs here people won’t be willing to make just yet. Or I could be underestimating how fed up people have become with the current housing market. We’ll see.