Creative capital cities around the world have experienced an unprecedented wave of urbanisation and population growth in recent times – the shift from a 40% to 70% urban planet is going to be one of the defining trends of our lifetimes. The pandemic initially called this trend into question, as well as some of the alternative housing solutions that were trying to address the need for a cost-effective urban living offering. Some of these concepts included microliving or coliving communities; a way of using the sharing economy to minimise the total amount of space required by a resident yet provide an amenity and lifestyle offering that was fit for a new generation of renters who wanted an “Instagram ready” apartment and an all-inclusive lifestyle solution on demand.
Cities are thriving again, and 20-30 somethings were the first to return to city living. Urban environments foster social interaction, creativity, and personal and professional growth by bringing people together in a way that Zoom simply cannot. So as the world begins to return to normal, the question is what becomes the right concept for high density urban living, and concepts like coliving going forward.
The growing urban world is likely to settle at a point where working from home two days a week will be the norm, and cutting down on commute times to live more centrally becomes a key way to reduce one’s carbon footprint. Concepts like the ‘15-minute city’ embrace this ethos. That means a cost-effective solution for young urban renters is once again a key issue cities need to tackle in order to attract a talented global workforce of mobile young professionals and entrepreneurs...
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