Shared living is increasingly becoming a popular accommodation option because of the many benefits and perks the lifestyle offers. If you’re someone who’s interested in living outside the box keep reading.
What is co-living and why it’s so popular?
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Co-living, or shared living, is a housing arrangement where people live in a shared space and share common amenities. In China, co-living is becoming an increasingly popular housing option due to the rapid urbanization and high cost of housing in major cities.
The increasing cost of living
One reason co-living is gaining popularity in China is due to the high cost of housing in major cities such as Beijing and Shanghai. The rapid urbanization of China has led to a competitive real estate market, making it difficult for many people, particularly young professionals and students, to afford their own place. Co-living offers a more affordable alternative, as residents share the cost of rent and utilities.
Flexibility
Another advantage of co-living in China is the flexibility it offers. Many young people in China are transient, moving from city to city for education or work. Co-living allows them to easily relocate without the hassle of finding a new place to live or signing a long-term lease. This is especially advantageous compared to other Xian accommodation options such as long-stay hotels.
Sustainability
Co-living can also be a more sustainable option, as it allows residents to share resources such as appliances and furniture. This can reduce waste and minimize the environmental impact of each individual household. Spaces like lyf Dayanta Xi’an offers community kitchens, laundromats, meeting and event spaces as well as gymnasiums and even cafes that promote sustainability through shared resources as well as communal harmony and interpersonal connections.