Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Co-living needs its own, nationally consistent space standards to remove ambiguity and build trust, writes Damien Sharkey
Co-living is gaining momentum. It is now widely recognised and understood as a distinct product, one that sits alongside traditional build-to-rent (BTR), yet offers a different model for investors, residents and communities.
Co-living can make effective use of land at a higher density than traditional housing and meaningfully contribute towards urban housing needs, particularly in the way it can repurpose obsolete office stock. There are now 9,000 co-living homes in operation across the UK and supply is expected to nearly triple in the next few years, with more than 20,000 co-living homes forecast by 2028. Yet planning policy is not keeping pace.
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