Reasons Why The Co-living Industry Will Grow In 2022

Yep, the co-living industry will grow for sure. No doubt about that. But for folks who’ve got no clue about ‘co-living’, well, first, it’s co-living, not co-living. And second, it’s basically the super buffed-up version of your local PGs and hostels. They’re professionally managed. They offer tons of amenities. And most importantly, they’re more accountable in providing you the best service as they are run by organizations. In short, you can bid farewell to annoying landlords. The ones who pretend to be out when you ring their doorbell to ask for help.

So this and plenty of other business things are the reasons why the co-living industry is going to make a bigger boom this year. Now, who better than us to talk about the future of co-living spaces? At Stanza Living, we’ve created the largest managed accommodation ecosystem in the country. That’s 450+ residences in 24+ cities that have housed 80,000+ of your peers, btw. But hold up, we’re not gonna send you off on your way without concrete reasons to explain this growing phenomenon. Because trust us, it’s the next hot thing after crypto in 2020. Though, unlike crypto, it’s not going down anytime soon. Or actually, never ever.

Reasons for the Co-living Industry to Grow in 2022

Here we go. These are the reasons why the co-living industry is set to spread its wings in 2022:

• Better Safety and Security
• More Amenities
• Greater Accountability
• Accessibility
• Community Experience

Looking for places that cover all your household chores? Just check out our Stanza Living residences.

Better Safety and Security

Times have changed. All thanks to the COVID-19 pandemic. We don’t go out without wearing a face mask. We are increasingly concerned about our health. And we’ve definitely decreased our tolerance limit for anything (even if it’s work or academics) that poses a threat to our health or well-being.

Now, your local PGs will find it hard to keep up with this change, won’t they? Yep. But we won’t blame them tho. Because it’s a mammoth task to build an entire infrastructure and facilities that welcomes you in and keeps the unwanted things out. So it’s why co-living spaces are going to grow as they’ve already kept stuff figured out. Like Sherlock with his investigations. Like Dhoni with his tactics. Like Dhanushree with her viral dance reels.

More Amenities

Of course, whenever you’re provided with something better, you’d want to go for that, won’t you? Yep. So when you talk about professionally managed accommodation, it’s kind of a no-brainer to opt for their facilities. We mean, it’s just better, so why the hell not? Also, where else would you find expert chefs preparing daily meals for you? Or a super professional housekeeping team to clean your rooms? Only at the top co-living places like Stanza Living. Basically, say bye-bye to sleeping on the mattress on the floor. Or make do with make-do hostel food. That’s it.

Greater Accountability

One of the top reasons for people to go for coliving companies is this. They’ll listen to you. Because they have to. They’re not a 37-year-old investment banker who rents his old house to you. On the contrary, this is their bread and butter. So whenever you move into a co-living space, you can expect your complaints to be heard and solved asap. At least, that’s what 99.9% of these companies would do. Unless it’s a space run by Sahara’s Subrata Roy plotting a fraudulent scheme. Then we don’t know.

Accessibility

You may or may not have gone through it yourself, but you’d have surely heard of friends who’ve been denied a rental place because of the way they look, their surname, or any other stupid reason. On top of that, even if that’s not always the case, it’s really darn taxing to find rented accommodation in a new city. Like c’mon, how are we alright with things stuck in the 1950s while we’re moving to a fast-paced future? Actually, we’re not. More and more people are going for startups that make the process of finding a house easy peasy. With just the tap of a few buttons.

Community Experience

We’re in the age of shared spaces. Co-working. Co-living. Co-chilling. And we’re also in the age of community activities. Social movements. Book-clubs. Peers review groups. Basically, plenty of things that we’ve realized are better experienced or lived with a community. People just want to connect more and more and more.

Now, we’re not sociology experts to explain to you why. But one thing we can tell you is that a sense of community is probably one of the no.1 reasons why the co-living experience is going to expand. Above and beyond in the ongoing decade. 100 percent guaranteed.

FAQs on Moving into a Co-living Space