New York City houses many prominent colleges, universities, research areas, and libraries. It's no surprise that it's termed the Big Apple and a city that never sleeps; the city attracts the attention of many national and international figures.
As a young professional, this stage is the best time to maximize your connections and your potential, so you can have countless opportunities knocking at your door.
One of the best ways to achieve that is through coliving. Coliving offers a variety of options and benefits to people of your level. The article by SharedEasy lists other housing options for young professionals, check it out, it also includes information on the best neighborhoods in New York to enjoy living in.
This article will look at what coliving is, why it has been getting more recognition recently, and its surprising benefits of coliving.
What is Coliving?
Are you new to the co-living concept? Well, detractors describe it as “adult dorms,” and this seems true because co-living involves living with strangers. But, rather than the everyday dorm life where all of you are bound to one lease after meeting via Craigslist, in this case, you will only handle your room.
Why is Co-living increasingly getting more popular?
So why is co-living getting more recognition recently? Well, if you have spoken with someone that has been to New York or someone familiar with real estate here, they will tell you finding the best apartments is headache after headache. So, due to this hardship, real estate managers decided to bring back the co-living method, which was long forgotten.
The main aim of co-living is to eliminate the difficulties associated with finding where to live in this big city, as well as provide numerous opportunities for people of your kind and even the older generations at times.
Additionally, searching for a co-living apartment is facilitated by tech, which means you can sit in the comfort of your home and navigate through applications to find the ones that suit your needs. Without saying much, let's look at the surprising benefits of co-living for young professionals in a broader description.
Benefits of co-living for young professionals
A young professional is someone who is between 20–40 years old, a fresh college or university graduate that just landed a professional or white-collar job. These kinds of people are not rich, but they are living comfortably and trying to navigate life. At this stage, they will likely not find luxury living as a feasible option.
The cost of renting a big apartment, alongside other living expenses, can be a burden. But with the introduction of co-living, you can live the kind of life you desire simultaneously to save money for your future. Let's look at other benefits of living in a co-living space as a young professional.
1. You get to save money
As a young professional, one of your main goals is saving money for the future. In addition, living expenses are high; even if you can afford to live in a luxurious mansion, others may likely finish your savings.
Moreover, renting a big mansion might be a waste since you may not be around all the time, so you will be paying for square feet that will take you more than a week before using it.
But what if you find a way to cut these expenses, where you can live with other people looking for an easy and affordable life? Co-living is your best solution; you can find many websites like shared easy that offer cheap co-living apartments that you can rent easily.
2. You don’t have to worry about property maintenance
Choosing co-living offers many varied benefits and options. For example, you can look for a roommate or find a ready-made house where you don't need to look for a roommate.
You don't have to worry about property maintenance, and you can choose short-term or long-term rentals depending on your preference and budget.
3. You will have enough time to spend with your family and friends
Most young professionals lack time to have fun because this is the beginning of their career, so they want to give their best and aim for future benefits. And one of the things that demands their time is finding accommodation and taking care of it.
In this situation, you don't have to worry about all that; you don't even need to buy furniture because your apartment is equipped with all the necessities, so rather than spending your time doing house chores like cooking, cleaning, or washing, you can use the time to have fun with your friends and family.
Additionally, aside from saving money, co-living provides you with many opportunities to increase your social connections and networks and social interactions, reduce stress, and improve your overall health.
4. No roommate conflicts
It's enviable to have conflict in a traditional environment since there are many things to argue about, like late payments, tidiness, and more.
But the benefits of living in a co-living environment are that everybody is responsible for their rooms, and the maintenance services will handle other activities like cleaning. This saves you the stress of argument, and all your utilities are included in the rental fees.
5. You will be living with like-minded people
Understandably, making new friends can be challenging, especially for adults. If you are worried about living alone or are unique, and you are yet to know someone in the community, co-living provides a built-in community that you can associate with, and you will be exposed to new people, new cultures, and different nationalities.
Additionally, co-living is an indirect friendship matchmaking service because most of the people you will meet there are like-minded; you have common beliefs and attitudes, so you will likely have many things in common to talk about with each other. You can socialize when you feel like it and be alone when you need privacy.
There are several reasons you should choose co-living rather than living in a big house alone.
Aside from saving money, you will have new friends, more space, more privacy, and less stress, since you don't have to worry about maintenance like cleaning, washing, you will receive many opportunities to socialize, you will meet new people, your time will be flexible, which means you can schedule outings and fun activities with your friends and family, and also more freedom to travel.
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About the PublisherBo Kauffmann is a residential real estate agent with over 18 yrs experience in helping buyers and sellers achieve their goals. Inducted into the REMAX Hall of Fame in 2010 and receiving the REMAX Lifetime Achievement Award in 2019, Bo has sold over 500 houses and condos in the Greater Winnipeg market. He is an accredited buyer representative (A.B.R.) and a Luxury Home Marketing Specialist. Bo provides exceptional service to First-Time Home-Buyers, Seniors looking to downsize and Home Sellers of all ages. He can be reached easily By E-Mail or call/text him Call/Text Here
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