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Uzone.id – In recent years, the trend of co-living spaces has become increasingly popular among millennials and Gen Z. The trend of living together in the same house or apartment, often referred to as co-living, is increasingly popular among millennials and Gen Z, reflecting changes in lifestyle and preferences of the younger generation in responding to increasingly complex urban life.
Co-living spaces, or often referred to as co-living, are a type of residence where individuals or groups live together in one building while sharing facilities, such as a kitchen, living room, and recreation area.
According to Euromonitor, co-living usually provides short-term accommodation. This concept is not new. In fact, according to a report released by Knight Frank in 2018, the basic concept of this housing model already exists in several countries.
Millennials and Gen Z have different values compared to previous generations. They prioritize experiences over ownership of goods. The concept of shared living spaces offers the opportunity to share experiences with others, create a supportive community, and reduce the cost of living.
With the rising cost of living, co-living offers a more economical option. Rent for shared living spaces is usually lower than renting an apartment on your own. In addition, the cost of utilities and other services, such as internet and cleaning, are often included in the rent. This allows residents to allocate their budget for other needs, such as traveling or investing.
Shared living spaces also provide much-needed moments for the younger generation. With the rise of remote work and the gig economy, many young people are looking for accommodations that can be tailored to their needs. Co-living spaces are often equipped with modern facilities and access to technology that makes work easier. This allows them to work efficiently without having to be tied to one particular location.
According to data from the Central Statistics Agency, the increasing trend of urbanization in Indonesia has also contributed to the popularity of co-living. Many millennials and Gen Z are moving to big cities for education or work, and they tend to choose housing that is not only affordable but also close to the center of activity.
However, not everyone is comfortable with the concept of co-living. Some people are concerned about privacy and noise that may arise from sharing space with others.
Despite its many advantages, developing co-living spaces also faces challenges. One of the main problems is that rents are often still high, even when shared between several residents. In addition, not all areas have the infrastructure to support this concept, such as good access to public transportation or other public facilities.
As demand grows, many property developers are starting to look at the co-living market. They strive to create spaces that are not only comfortable but also support a community lifestyle.
In Indonesia, several new co-living projects have been launched with modern designs and complete facilities, attracting the attention of young people who are looking for new ways to live and interact. Freeware Spaces Group is one of them that has provided co-living services.
In conclusion, the increasing use of co-living spaces among millennials and Gen Z reflects a significant change in the way they view life, work, and community. With values that prioritize experience, poverty, desire, and community involvement, this young generation shows that they are not only looking for a place to live but also a more meaningful lifestyle. Going forward, it is important for developers and governments to support the growth of this concept so that it can meet the needs of today’s generation while still paying attention to social and environmental aspects.
(Nurul Arifah)
