Today’s millennials have instantly understood that change is helpful for himself and it will help the bank balance to grow. Nowadays, it’s simpler than ever to hop around from job to job – gaining expertise in different cities. It’s far better than receiving a watch as a thank you for 35 years of being on a hamster wheel for the same organization. Millennials don’t consider that as job stability – they see it more like a prison order. And that’s why they are welcoming coliving and all the freedom that it brings. But freedom is not the only factor that makes coliving so appealing.
Millennials across the globe are jumping at the opportunity to travel and work remotely – meeting people from all corners of the World – and benefitting from broadening their minds and their horizons. And one thing’s for sure – this is a lifestyle that’s here to stay.
Let’s study the reasons why:
1. Cost and Ease
Acquiring a house in this current economy seems a hard assignment for most of the millennials. It’s really too expensive. We earn less than our fathers did and property values are rising daily. Leasing is the only way out for most of them – and sharing the cost of a bigger property is a win-win situation for both house owners and those preferring to rent. Renting on your own would seemingly have you seeking a box room or studio apartment where you can feel both walls with your extended arms. Sharing with others gives you that all-important area – a spacious living room, a full flared kitchen, possibly even a backyard or a balcony. When you rent a room in a coliving space, the cost of the electricity is excluded, but breakfast, laundry, and regular cleanings are included in the monthly rent.
-No more hectic morning time making healthy breakfasts.
-No hidden extras – no surprise invoice for laundry bills.
It’s cost-effective and consistent. That’s a comforting idea for many millennials who are bringing in various sums of money each month and don’t want to be hit with an unanticipated bill.
Those renting usually have a much higher knowledge of respect for the property and furnishings when it’s shared with others – and set house rules ensure that the common areas are clean and welcoming for everyone. Most spaces will ask for security in case of those rare unavoidable accidents.
Coliving allows you the freedom to focus on you, your social life and your project – the house is not your issue to attend to, it’s simply there for your convenience, security, and enjoyment.
Let’s cut down the term ‘coliving’ – Community Living. It’s right there in black and white. Live together as a community. Move-in, introduce yourself to others just like you and be welcomed into the community – immediately.
It’s a believed fact that social media is far from human – indeed, it’s downright lonesome. It’s made people stare down at their phones, lose themselves in their laptop – disentangling more and more from human interaction. It’s a sad fact that about 40% of millennials are isolated. And that’s where coliving has been heralded as a savior and a solution. Living with like-minded people in a community setting allows people the choice of privacy in their rooms, or socializing in the communal spaces. The best coliving spaces have a Community Manager who sets up a variety of activities each week – from mastermind sessions to “family dinners”, excursions, movie nights and brainstorming on a Monday morning to set the goals for the week.
Some coliving spaces have a minimum stay to improve the community feels as much as possible. They propose people to interconnect sufficiently – to make partnerships, friendships, and connections with like-minded people around him.
In the virtual world, coliving promotes face-to-face interactions at pre-arranged weekly events or a simple bowl of cereal in the morning. Instead of checking into a hotel and only saying good morning to the reception staff and perhaps the housekeeping team, here is an opportunity to be surrounded by like-minded people – all seeking the same thing.
It’s safe, it’s welcoming and it’s a welcoming community – as soon as you walk through the front door. I wish my first day at school had been that easy. And speaking of support, how wonderful to have a melting pot of skills and brains all under one roof. The ideas, opinions, and problem solving that can occur during a brainstorming session – well, the possibilities are endless.
What was once a massive stumbling block in your head becomes a tiny issue when looked at through the eyes of your fellow coliving residents. Feeding off their energy can also inspire you to become more focused, more productive and more likely to finish your project faster. The chances of success and revenue generation increase in the company of like-minded individuals who are all seeking similar goals.
Living in a coliving space brings a high level of security – from the screening of both staff and guests to the 24-hour security and CCTV cameras that are usually installed. Plus you have people in the house practically 24 hours a day – so prying eyes will see that it’s not a property to target. And personal safety too – if you ever feel unsafe walking around late at night, you will have fellow residents who can accompany you on a night out or at the end of a phone should you need assistance.
Quality and Variety
Consider living and working on a sky-scrapper, or on a studio apartment in Gurgaon, or maybe in a serviced condo in Noida. Perhaps you fancy living in loft conversion in Delhi. The variety is staggering and the quality of accommodation available is truly impressive. Simply choose your preferred location and see which types of coliving spaces are on offer there.
Millennials in a coliving space bring a cacophony of skills – with the majority using their laptops for their work. But others are photographers, or writers using their trustworthy notepad and pen. Others conduct online teaching that requires just a smartphone. There are no set rules for who can join a coliving space – designers, programmers, bloggers, entrepreneurs, reviewers, the list is endless. And the beauty of a coliving community is the willingness to share, support, mentor and even partner with fellow residents. The mutual respect is evident as soon as you join your first mastermind or brainstorming session. Stuck on a design issue? Just ask your fellow housemates. Need someone to critique your website landing page? Simply ask.
As soon as you enter a coliving space, you can feel the connection – it’s a non-judgemental community that thrives on the energy of those in it. The sense of acceptance, regardless of race, religion, sexual orientation and bank balance, is intoxicating. It’s like nothing else – to be welcomed and accepted without hesitation.
If you wish to shift to a coliving community today and experience it for yourself, please visit ZiffyHomes or dial +91 7290033309, we will love to help you to get into a perfect condo. And if you want to try it out and see how it works, please get in touch with us at [email protected] or give us a call at +91 9999385277.