• Coliving During & Post Covid

    What is the coliving industry's performance during & post pandemic?

     

    It's no secret that the Covid-19 pandemic has had a massive impact on the entire Real Estate industry. Coliving operators have been forced to adapt their living experience on the fly and weather the storm of lower rents and occupancy rates. It’s true that some major coliving companies across the world have been acquired or were forced to shut down operations, but overall the industry has been surprisingly defensive in the face of the pandemic and ensuing economic downturn. Below you can find a variety of resources that capture how the coliving industry has adapted and performed during the pandemic and how it plans to emerge and grow in a post-pandemic world.

  • Top Resources

    Coliving During Covid-19 Report

    Cushman & Wakefield

     

    A follow up to Cushman & Wakefield’s groundbreaking 2019 report, this report from November 2020 focuses on the resiliency of the coliving industry during the pandemic and how it has adapted to the new normal. The report is extremely data driven and is a great resource for updated industry metrics and future forecasts.

     

     

    Co-Living Will Sustain Itself in a Post-Pandemic World

    Steve Satoru Naito

     

    After social distancing guidelines and travel restrictions have disrupted the operations of many coliving companies, many in the industry, including Anyplace CEO Steve Satoru Naito, believe the demand for coliving will be even larger in a post-pandemic world.

     

     

    How co-living communities will replace our empty offices

    Wired

     

    Oxford professor Sarah Harper makes the prediction that in a post-covid world where flexible and remote work environments will become the norm, office space in large urban areas will be converted to residential hubs. Harper makes a strong argument that this trend was already happening and was only accelerated by the pandemic.

     

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    Coliving: the Ideal Living Solution During a Pandemic

    Connor Moore

     

    While it may sound counterintuitive that a business model centered around human connection would thrive during a pandemic, this piece makes the argument that the coliving model has economic, social, and safety advantages that make it an ideal living solution during a pandemic.

  • Co-living in the Time of Covid: Why Shared Housing Startups Say the Sector is Rebounding

    Sophia Kunthara

     

    This Crunchbase article provides a great summary of how coliving operators in the US fared during the pandemic. While some operators such as HubHaus have shut down operations, author Sophia Kunthara points to companies like Common and Starcity that raised funding during the pandemic as to why the coliving industry will rebound.

     

     

    Coliving 2021 and beyond: Winners, losers, and how the pandemic is changing the game

    Kelsea Crawford

     

    Cutwork CEO Kelsea Crawford summarizes the key takeaways from a Co-Liv France meetup in this insightful article. Topics covered included the dangers of the master lease model, the strengths of coliving during the pandemic, and how the urban exodus of the pandemic has created opportunities for rural coliving players.

     

     

    Four reasons why co-living will be the hottest sector in real estate post-covid!

    Matt Ryan

     

    This recorded presentation from Re-Viv founder Matt Ryan covers many reasons why coliving is poised to be a strong real estate sector post-Covid including strong demand from Millennials and Gen Z, the low supply of coliving beds, and the superior, tech-enabled living product provided by coliving operators.

     

     

    Gravity: from 0 to 1 Scaling during a global pandemic

    The Co-Liv Podcast

     

    Gravity co-founder Riccardo Tessaro & their head of operations Robert Birch talk about the growth of Gravity Co-living. From the fundamental reasons why they started Gravity, the lessons they learned along the way, how they have scaled during the global pandemic effectively, and their national and international expansion plans for 2021/22.

     

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    Coliving During Covid

    Starcity

     

    A 2021 report from US-based coliving operator Starcity covering the company’s strategy during the pandemic and resulting real estate metrics. Through a combination of technology, pricing adjustments, and an overhaul of operations, Starcity was able to successfully navigate the challenges of the pandemic.

  • The Co-Living Start-ups That Survived the Pandemic are Merging - and Flourishing

    Curbed

     

    Curbed author Kim Velsey provides an interesting take on the future of the coliving industry post pandemic where “it has become abundantly clear that co-living was a business, not a utopia.”

     

     

    Co-Living Assessed in a Time of Covid-19: Critical Intervention or Millennial Fad?

    Diane Klein

     

    This December 2020 research paper out of the University of St. Thomas covers the advantages and disadvantages of coliving amidst the pandemic. Klein praises coliving’s potential role in helping to alleviate the housing affordability crisis while also alerting the reader that if taken too far, high density living solutions can be quite de-humanizing.

     

     

    Till Distance Keeps Us Apart - Does The Future Of Co-Living Look Bright After The Pandemic?

    Subham Tantia and Prachi Arya

     

    Will coliving continue to see high demand from millennials in India? This is the question that authors Tantia and Arya attempt to answer in their paper using qualitative interviews to capture consumer sentiment towards the coliving rental product.

     

     

    Social Distancing in a Social House: How Co-living Communities are Designed to Handle COVID-19

    Kaley Overstreet

     

    Published in April 2020 only a few months after the pandemic really started to impact the entire globe, this article argues that shared community housing might counterintuitively be better designed to combat Covid-19.

     

     

    Work-life boundaries continue to blur: How the pandemic has changed co-living

    Suzanne Bearne

     

    This short, but quote filled article by Suzanne Bearne interviews digital nomads and coliving founders to find out how travel restrictions and social distancing guidelines have affected the coliving experience and business model.