Co-living has been a growing trend in rental housing for a few years now and tiny houses have been a thing for a while now too. Now it looks like tiny co-living is becoming a thing and the Wall Street Journal has the story:
But as the popularity of co-living has grown among young professionals over the past half-decade, the cost of those amenities and spending on new construction have made these living quarters less than cheap. Bedrooms in big cities typically start at more than $1,500 a month, pricing out nearly all except workers making at least $70,000 a year.
A few startups are hoping to change that with rents about half the price, making them affordable to workers in the service sector or artists and other creatives starting out.
Of the several startup companies pursuing this line of business, the one that really caught our eye was this one:
UP(st)ART’s properties are rich with amenities, including recording and photo studios, theaters and free acting, dance and music classes.
UP(st)ART compensates for the added costs by packing residents in like crew members on a cruise ship in 30-square-foot pods. They rent for about $750 a month.