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Lonely Millennials who left the cities for smaller towns are turning to co-living spaces. 

Jan 27 2021

Lonely Millennials who left the cities for smaller towns are turning to co-living spaces. YPulse’s No Place Like Home trend report found that 34% of Millennials who live in cities are considering or planning on moving to a suburban or rural area. But for some of those who have made the move, communal living is providing company in the country. Former vacation homes, farms, or “converted hotels,” are being converted into furnished remote co-living spaces that often offer shared office space, bedrooms, and other temporary accommodations. European Millennials in particular have been “at the forefront of this trend.” Berlin-based Coconat is a converted manor on five-acre property that includes shared offices, a sauna, a swimming pond, a yoga studio, and 20 rooms for guests who receive three meals a day and pay less rent than they would for an apartment in the city. (WSJ)