Housing Crisis Solutions
The housing affordability conversation usually centers around one question:
"How do we build more housing?"
That's an important conversation. But I think there's another question worth asking:
How do we make better use of the housing we already have?
Across the country, there are thousands of large homes with empty bedrooms while students, young professionals, traveling workers, and people relocating for new opportunities struggle to afford an entire apartment on their own.
That's where co-living deserves more attention.
By renting homes on a room-by-room basis, owners can create housing that's significantly more affordable for residents while often improving occupancy and generating stronger rental performance. It's a model that helps address two challenges at once: increasing access to housing and helping owners maximize the potential of their investment.
Technology has also changed what's possible. From resident matching and digital leasing to maintenance coordination and communication, managing a shared home today is far different than it was even a few years ago. Done well, co-living can provide a better experience for both residents and property owners.
Will co-living solve the housing crisis? Of course not.
But if we want meaningful progress, we'll need to embrace more than one solution. Making better use of existing housing stock should be part of that conversation.
I'd love to hear your perspective.
Do you see co-living becoming a more accepted part of the housing market over the next five years, or do you think there are barriers that still need to be addressed?