Why the latest trend for freelance workers could be community style co-living spaces.

It’s no understatement to say that Coworking revolutionized life for startups and freelancers, workers went from being camped out at coffee shops and hunched over computers at home and in garage’s to finding a place where they and their business could flourish.

From boutique spaces like the Village Workspaces to mass venues like WeWork, freelancers found a place where they could choose the environment suited to them and also meet like minded people to foster a sense of community and collaboration. With huge benefits found in feeling part of a team but still autonomous, it’s easy to see why this style of working has been so popular. It only seems natural when looking at the benefits, that the next evolution in things would be co-living.

What is Co-Living?

Co-Living is a new trend by which groups of people live and sometimes work together in a shred space designed with collaboration in mind. Initially popular in Europe these spaces were born of a desire to create a place where people with shared values could live together in a cost-effective and desirable way. Spaces often have private, soundproof rooms but communal living areas and amenities.

Don’t Call it a Dorm

To many people this might sound like a dorm room, but whilst the notion of community and collaboration is the same, these spaces are often designed to high specifications leaving residents to focus on their work and providing them with home comforts at a reasonable cost. This can be essential in cities like San Francisco where the median rent for a one-bed apartment can start at $3000. For young people moving to a new city a coliving space can offer an invaluable way to meet people and make friends easily too.

What are the benefits of Co-Living?

There are two main types of people that co-living appeals to. Firstly the digital nomad, typically co-living spaces offer flexible rental terms making it ideal for anyone that wants to work and travel. Next they appeal to anyone who may want a more flexible living situation and who values a home that has a social element to it. After spending hours a day on a computer it can be fun to be able to take part in a group activity or chat with roommates as a valuable way to destress.

Are there any drawbacks to co-living?

For some people co-living may not offer enough division between home and work meaning they could find it hard to switch off. There is also the fact that the space is designed for a lot of people so bringing friends over to hang out is not the same as a traditional room share setup. Another drawback can be cost- in cities like San Francisco co-living is arguably a cheaper option but in places like Chicago or Portland you may be able to find a house share for a similar price or less.

What should you look for in a co-living space?

Luckily there is a variety of co-living space son the market fromCommon who are popping up in most major cities across the US to Opendoor who offer more community focused spaces. Take time to view a couple and talk to people there- you’ll instantly get a vibe for the people and will be able to see if it’s somewhere you would be comfortable living. The best part with co-living though is that
commitments can be short term allowing you to tailor your work and home life to allow you to enjoy the freedom that freelancing brings.