Joanna James
Co-living is affordable and convenient. Perhaps, that is why it has become a popular alternative to traditional housing options. If you've been considering co-living and still remain undecided, let us talk about the ins and outs and benefits of choosing this option.
For most people under 30 years of age, rent costs a high percentage of their income. This could be as high as nearly half your income. And the rent is not the only factor to consider when you start living on your own. You'll spend money on security deposits, new furniture, kitchen tools and sometimes even broker's fees. Fortunately, co-living offers a way out. Co-living spaces come with furnished rooms and kitchens as well as shared spaces with others. Hence, you will be saving a chunk on additional expenses as well as rent. And, if you sign up for programmes such as the Ascott Star Rewards Membership Programme, you'll receive a number of benefits including discounts and flexible rates. If you are looking for serviced apartments to rent, you could consider Discover ASR properties spread across the globe.
If you opt for the traditional route, once you rent your new home, you will have a plethora of other duties to take care of, including getting a Wi-Fi connection, gas and electricity. You'll probably have to hire a house cleaner too. But, if you opt for co-living, the moment you sign up, all these are taken care of on your behalf. You simply don't have to worry about home administration.
Moving in on your own can be lonely. While the freedom will feel great, you'll also be moving away from your steady companions. Co-living, fortunately, comes with a built-in community. You'll have your own bedroom and private space, and share living spaces with others. You are likely to meet people from different backgrounds and make lifelong connections. The great thing about co-living is that you can be alone when you wish to do so, and socialize when you wish for company.
Unlike living with a roommate, co-living allows you to be only responsible for your own rent. You get the security of an individual lease sans the expense attached to renting by yourself. Your utility rent will be included in the monthly bill. You don't have to constantly worry about your roommates paying their part of the expenses.
When you move into a co-living space, you don't have to bring any additional baggage like furniture. You can simply bring the essentials like clothing. This way you save money and live a minimalist, sustainable life.
When you start out on your own, you probably wouldn't want to commit to a long-term lease or buy furniture and appliances. Co-living offers flexible lease options and allows you to enjoy a comfortably furnished space without the burden of owning any of it. And, when you are ready to leave, you don't have to worry about dividing the furniture or compromising the comfort of your housemates.
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