/question on housing economics, from a group/
Co-living is a new word for an old thing. Go through synonyms such as loft housing, communes, etc.
Most residences are residences of convenience. If someone wants to make money off an industry of convenience as a seller, they'd better damn well know what conveniences are needed by the buyers.
Residential rent:
It's a seller's market if wages are rising across the economy, because there's always something 'more convenient' for a buyer to upgrade to.
In an economy where growth is near zero, therefore wage growth is near zero or negative, it seems that buyers (i.e. tenants, the personal finance bit) can always choose to reduce convenience to generate cash.
Curious.
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