Although the real estate market is a fairly traditional sector, in reality needs are changing, and new ideas and housing models are being developed to respond to these new demands, such as coliving and cohousing.
At Lasose Properties & Investments we define these two housing terms and explain the difference between them.
Coliving, or what in Spanish would be translated as co-housing, was born as a response to young professionals’ need for indepence. Those who had started in a coworking environment, meaning professionals who worked in and maintained an office in a collaborative environment, and who now, in addition to the workspace, share common areas and independent housing for rent.
Cohousing is an alternative to living in a community in the form of a cooperative, in which a housing project is created according to the values and principles of this community. The residents of a cohousing project however, have their own individual spaces in addition to sharing other areas and services, so that a balance between privacy and communal living is achieved.
Differences between coliving and cohousing
The main differences between these two housing models are:
- In cohousing, residents share a long-term living and housing project, whereas coliving is more focused on young people and shorter periods of stay.
- People living in a cohousing model have the right of use, whereas coliving is only an alternative to traditional renting.
The reasoning behind both models of collaborative housing is distinct, as cohousing tends to be more focused on older people or families who want to be part of a common project, while coliving is a system that allows young people to be more economically independent.