Younger renters are embracing co-living trend
Venn provides individuals moving to big cities with affordability and community. FOX Business’ Kristina Partsinevelos with more.
The newest housing trend has emerged and it involves sharing a communal space with strangers.
Continue Reading Below
Younger renters are opting in to rent a single room with shared communal space to find a sense of community when moving to a big city. Being a Venn member grants access to Venn's communal living and workspaces, as well as access to social events.
MILLENNIALS FLOCKING TO THIS TEXAS CITY DUE TO AFFORDABILITY, CULTURE
Venn City, a community living and real estate company founded in Israel, has launched its business through recreating spaces in urban areas such as Brooklyn, N.Y., and renting out space. The option is cost-effective, ranging from $1,100 to $1,300 a month (utilities included) and comes with built-in friends.
Venn apartments come fully furnished with free wifi and communal spaces are cleaned bi-weekly. Renters who embrace the lifestyle say they love living in Venn housing for these offerings and more.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
“We also really do enjoy going to restaurants and having fun together,” Venn member Daniel Bae told FOX Business’ Kristina Partsinevelos. “To promote that idea of coming together… so you’re not by yourself.”
CLICK HERE TO READ MORE ON FOX BUSINESS
Venn has locations in Brooklyn, Tel Aviv and Berlin. It plans to expand apartments across the West Coast next.
Source: Read Full Article