Over the last years, digitization gave to people the freedom to work remotely and with this less restriction on where they need to settle.
Also during the pandemic people had the chance to experiment work from home, and for some of them, it has become a natural and more productive way to have their job done.
By now, remote work is a part of the current society and more and more people agree on its positive effect on people’s work-life balance.
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Following this shift in how people can work and from where there has been a change in what they now need when it comes to looking for a new home. For many people, co-living seems the right way to go.
Co-living in major cities around the world, such as co-living in London is a modern form of communal living where the renters live in the same building, have their own private room but share all the communal spaces.
A monthly bill is paid and it covers not only the room rented but also additional services such as internet, laundry service, housekeeping, and access to facilities like games rooms, workspaces, lounges rooms, and gyms when present. These kinds of buildings are built and prepared to stimulate socializing, networking and co-working and those specific spaces are designed and built to make this happen.
Why is co-living a good option for remote workers?
Looking through the reasons why co-living has become successful between remote workers, there are 5 main reasons that stand out.
One of the first reasons why co-living is great for remote workers is the community vibe that characterizes the place. Having to travel a lot for work can increase the feeling of loneliness and creating good connections can be challenging. The environment in co-living spaces is meant to help the renters to build a community with the other housemates and create the possibility of socializing by organizing recreational events. In this type of housing, people can feel part of a community and have the chance to make friends easily and have people to co-work with.
Thanks to the community-oriented spirit that distinguishes co-living, the possibility to create connections is huge. Having the possibility to share ideas and knowledge with the housemates, can open opportunities also on a professional level. Remote workers are able to create new connections and get the chance to participate at any interesting workshop organized by the structure.
Convenient and affordable
Renting a flat has become expensive and inaccessible for most of the younger renters and, in this scenario, co-living represents an attractive opportunity to live in a modern house at one fixed rate. Don’t need to worry about utilities, laundry, and cleaning, everything is included and at hand. As a remote worker that travels a lot, opting for an accommodation that offers everything, can make the new settlement easier and less stressful.
Spaces to work
Co-living developers acknowledged the rising need for spaces dedicated to work and in their building, they provide spaces that are specifically designed to welcome remote workers. Fast internet and high-quality communal workspaces are available and free to be used by the tenants, meaning they can save money by avoiding a separate coworking expense.
Another strong point in favor of co-living is the absence of a rigid lease. In co-living accommodations, the contract length can vary and can be shorter or longer on the basis of personal needs. Remote workers are free to rent on a month-to-month basis and decide to leave as soon as they decide to change their location; they won’t have to stress about canceling their monthly bills and they won’t have to worry about furniture being sold.
The Growth of co-living in London and the UK
The development of Co-living projects in London is becoming year after year more popular and its success seems to have found good ground in the newest generations of workers and renters.
Co-living reflects their new lifestyle, supplies their needs, and gives them the opportunity to have the freedom they need. It is the digitalization of our world and shared economies where people can work everywhere using their laptops and share the resources they have access to for a more sustainable lifestyle.
This is the future of rentals, more flexible, community-oriented, and more affordable through shared spaces.