What does co-living mean for the UK rental market?
Building more co-living developments tops the list of people’s preferred solutions to the housing crisis, according to new research by the Federation of Master Builders . In FMB’s survey of 2,000 homeowners across the UK, a third of respondents believe co-living is the future.
In 2018 flat shares – often with strangers – are commonplace, but co-living is more than merely sharing a property. Similar to the co-working model (US giants WeWork even have a WeLive division), this is a flexible and all-inclusive accommodation model aimed at modern tenants. Properties are fully furnished, usually including televisions and artwork, and are offered on a rolling contract basis.