A Game Changer Improving The Living Experience of Young Folks

In recent times, the endless hike in prices of rent particularly in urban areas like Lagos and Abuja, and the inability of young professionals to independently afford rent despite earning a fair salary brought about the necessity of an innovative, wholesome living experience called co-living spaces that give inherent benefits to young folks in the Nigeria of today.

Co-living space is a new trend among young Nigerians. While some are unfamiliar with it, others are embracing it. Instead of staying with relatives to save on rent, co-living spaces offer a better option. You can connect and share ideas with like-minded individuals on a larger scale. What do you think the concept of Co-living spaces entail? Let’s get right into it.

What Are Co-Living Spaces In The Nigerian Context?

This concept of co-living is still a bit new in the Nigerian space, although some people can relate to squatting with friends or relatives in their homes for a while, this is different from squatting. Co-living spaces are innovative property technology solutions that enable people to live together in a shared space.
It accommodates three or more like-minded individuals with similar interests to share facilities and common areas like the kitchen and living room; each person mostly has a bedroom for privacy purposes.

Why Co-Living Spaces?

The idea behind this concept is to reduce young folks’ inability to afford basic things like housing in urban areas. Furthermore, it is a solution-centered approach that promotes a sense of belonging while alleviating housing stress for young people. So, how are co-living spaces improving the living experience of young professionals in Nigeria?

How Are Co-Living Spaces Improving The Living Experience of Young Folks?

1. Sense of Community
The concept of co-living spaces promotes the essence of community among young professionals. With various people living together, interacting, and sharing creative ideas, a sense of community and large-scale collaboration is inevitable. Imagine living in a compound with people who share your professional interests, allowing you to exchange ideas. This is one of the many benefits co-living spaces offer young professionals climbing the career ladder.

2. Affordability
This innovative housing option is also an affordable option for youths still trying to find their feet in the corporate world. With the constant hike in rent prices in urban areas, sharing the bills of common areas in the house reduces house expenses, which can be channeled to other personal projects. This seems like a good bargain for a young person in Nigeria.

3. Convenience
Imagine a smart home where all your basic needs like laundry, 24/7 electricity, and cleaning are met with little cost without hassle. That’s exactly what co-living space offers you; with the availability of these services at your fingertips, you can focus on other important things that will improve your productivity.

4. Social Interaction

Beyond professional collaboration, it’s also a chance to engage with others and organize fun events like game nights, weekend outings, and social gatherings. If you’re an introvert hoping to mingle and step out of your shell, this is the easiest way. Plus, you can do it all from the comfort of your home which is a win-win. 

Conclusion

In essence, while the concept of co-living spaces is a groundbreaking idea, it also has its lapses like minimal privacy in some cases and maintenance issues that might arise in the future. Nevertheless, it has been proven to offer flexible and affordable solutions that enhance the living experiences of young professionals in Nigeria.