Since 2020, co-living in East Asia has surged to meet the needs of young professionals in major cities. A study by JLL emphasizes its appeal due to affordability and a contemporary lifestyle. Unlike multigenerational co-living initiatives in Spain, East Asian co-living primarily attracts young professionals who prioritize convenience and adaptability, often relocating every few years. These well-curated spaces facilitate social connections and ease the transition to new cities, making co-living an attractive option for this demographic. As professionals establish themselves, some may later move into permanent housing or relocate for career advancement.
Co-living in East Asia is catering to the demand among young professionals for flexible living arrangements, providing affordability and community in urban lifestyles.
Unlike Spain's multigenerational shared spaces, co-living in East Asia primarily targets young professionals prioritizing flexibility and convenience.
Co-living spaces make it easier for newcomers to build connections and reduce the stress of finding accommodation and settling into a new city.
As young professionals establish themselves in a city, they may transition to longer-term housing or relocate again, highlighting the temporary nature of their living situations.
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