Entrepreneurs have found a way to turn this growing trend into a booming business. 

What is coliving?

The simplest definition - it is a group of people, mostly unrelated to each other in any way, but living in one place. Get a few people together in one apartment and you have neighbors. Gather a few dozen people in one room and you have a dormitory.

Coliving is something in the middle. It's a kind of incubator where young, smart, and creative people live and interact. Typically, coliving centers have comfortable work areas and dining halls. Thanks to the fact that the office and home are in one place, and there are many like-minded people around, you can go headlong into the project and make rapid progress. That was the goal of the creators - to gather talented people under one roof to share experiences. More information on Outpost.com, their website has many photos and real apartments to choose from.

Rent a room here is fairly inexpensive for the residents, so colivings are very popular among young people and singles.

Those who want to become residents of the colivings are first placed on waiting lists and have to pay extra money for the opportunity to live there. You can find more than 800 waitlists in the San Francisco Bay Area alone on OpenDoor.

Why is coliving better than roommates?

Despite the waitlists, there are plenty of people who want to live in colivings-especially among millennials who want to be a part of something.

One of the main qualities that attracts people is the coziness that these "modern dorms" offer.

1.They offer privacy, but only when you need it

There are many ways to meet people, but despite social media and networking, we feel more alone than ever before. Colvings give us a chance to be alone with ourselves and at the same time meet new people and share life experiences with each other.

2. Flexibility and peace of mind

Young entrepreneurs and millennials want to be flexible and be able to change housing easily if their professional lives suddenly change - and for many, that can happen very quickly. That's why long-term rentals don't work well for them, and in cities with high housing demand, it can sometimes be difficult to find a short-term apartment. At the same time, young professionals don't want to rent a hotel room.

Colleagues also have the advantage that they are usually furnished, and often the price also includes utilities, regular cleaning, bedding and toiletries.

3. Home comforts.

Colivings have a certain comfort of home, even though they are somewhat similar in structure to hostels. As with other types of "communal housing," basic facilities are shared by all residents - this includes restrooms, dining rooms, lounge areas, laundry rooms, and meeting rooms.

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