Today is World Population Day 🌍 While no one celebrates it, this day is a good reminder of one of the drives behind the coliving scene: overpopulation, and the need for an affordable, qualitative place to live in large cities. By 2050, the United Nations calculates that 68% of the world population will live in cities, adding another 2.5 billion people to urban areas. It’s time to execute and prove through action, not words, that coliving is a model for long to stay.
COLIVING DEVELOPMENT REFUSED IN DUBLIN
In light of outspoken public discontentment regarding coliving developments in Dublin, An Bord Pleanála rejected Bartra Capital’s development plans for Cookstown, stating that it would “fail to provide an acceptable living environment” and a “notable shortfall in the provision of sufficient communal facilities”. Point made: coliving can and will be judged by standards of space quality, a premier in the coliving world.
NYC SUPPORTS COLIVING
Mayor Bill de Blasio’s Housing 2.0 initiative is meant to create and preserve 300,000 affordable homes by 2026. Out of that grew the ShareNYC initiative, which is meant to promote shared housing units on privately owned sites with the support of City funds. A first step to go into the direction to subsidize coliving developments, the same way cohousing developments are receiving state funding in several countries.
LAND FOR THE MANY
George Monbiot and others from the UK Labour Party have put together a report calling for reform on policy relating to land ownership in the UK, in an attempt to decrease wealth and property inequalities. Urban and land policies are one leading topic when it comes to hindrance for coliving development. What could new policies look like? To be continued.
OYO THINKS ABOUT SENIOR LIVING SPACES
The company, recently in the news for major funding rounds and its desire to become the largest coliving player in India, is thinking about entering the senior living market. Let us remind ourselves that student and senior housing are the current biggest coliving markets, and it makes total sense for coliving operators to adopt them (including building out hybrid models such as intergenerational housing).
COLIVING INDUSTRY REPORT FOR OPERATORS
Christine McDannell and her startup Kindrd are releasing the Q3 coliving industry report. Since the first publication, it has given insights into the average length of stay, marketing channels, and coliving company lifetimes. If you’re an operator, get the report here.
HOW THE “CO” MOVEMENT BOOSTS THE R.E. MARKET
In this article, leading founders of research institutions and investment funds are being asked on their point of view of the growth of the “co” sector. For example, despite an overall slowdown in the real estate sector, coworking gained a 14% share in overall leasing activity in India in 2018, and is expected to grow further. Discover the stats and insights into coliving expectations.
IN DEFENSE OF COLIVING
While the term has gotten some bad reputation across some countries such as Ireland and New Zealand, cohousing enthusiast Elise Badger reminds us to not put all coliving developments under one label.
IS COLIVING THE NEXT THING IN DUBAI?
Over the last years, the city has received an increasing demand from the supply-side for coliving projects. To date, Dubai has seen 902 registered transactions (both off-plan and secondary) for co-living spaces, and high level of capital can help burst this movement.
"FOCUS ON THE PRIVATE SPACE"
A lead interior designer shares his point of view - how coliving spaces have focussed on the communal areas, but shouldn’t forget to craft meaningful private areas as well. “My personal advice is to stop creating loud, obnoxious, gimmicky Instagram-friendly spaces, and instead create spaces with a focus on comfort, ergonomics, acoustics, and lighting, made with good materials and craftsmanship.”
HAVEN COLIVING 🏡
I’m a big fan of intentionality-driven coliving spaces. Haven is one of those: focussed on well-being and purpose-driven living, the place is a mixture between a temple for personal growth, green activism, and higher end living. It’s member dedicate time to communal activities and the concept pledges towards CO2-free living standards… all of that located at Venice Beach.
A GUIDE TO CITY DENSITY 📗
Gehl’s creative director David Sim is publishing a new book. In “Sot City’, Sim explores how to deal and embrace density in everyday life, and offers solutions to make cities more connected again.
“We moved from being in a community to having a sense of community.”
- Sherry Turkle, MIT Professor, in Reclaiming Conversation
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In coliving spirit.
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