Microunits and co-living offer social outlets and lower expenses

  • Microunits and co-living offer affordable housing options for retirees and empty nesters
  • Residents enjoy social outlets and lower expenses
  • Microunits are small, fully functioning units with high ceilings and oversize windows
  • Rent for microunits tends to be 20-30% less than conventional units
  • Co-living involves renting a single room in a suite with private lease
  • Rents for co-living units are often one-third the price of a studio or one-bedroom
  • Both options provide convenience, affordability, and new connections for empty nesters

For retirees and empty nesters, finding affordable housing can be challenging. However, microunits and co-living offer viable options that provide social outlets and lower expenses. Microunits are small, fully functioning units with high ceilings and oversize windows, offering natural light and a cozy living space. Rent for microunits tends to be 20-30% less than conventional units, making them an affordable choice. On the other hand, co-living involves renting a single room in a suite with a private lease. Rents for co-living units are often one-third the price of a studio or one-bedroom, providing significant savings. Both options offer convenience, affordability, and the opportunity to make new connections, making them a terrific value for retirees and empty nesters.

Factuality Level: 7
Factuality Justification: The article provides information about microunits and co-living as alternatives to traditional housing options for singles and couples in their 50s and 60s. It mentions the benefits and drawbacks of each option, including affordability, social opportunities, and convenience. The information provided is generally accurate and objective, although it does not delve into potential challenges or limitations of microunits and co-living. Overall, the article provides useful information but could benefit from a more balanced perspective.
Noise Level: 3
Noise Justification: The article provides information on alternative housing options for singles and couples in their 50s and 60s who are struggling with affordable housing. It discusses microunits and co-living as potential solutions, highlighting the benefits and drawbacks of each. The article includes examples and quotes from experts in the field. Overall, the article stays on topic and provides relevant information without excessive noise or filler content.
Financial Relevance: No
Financial Markets Impacted: No
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: This article does not pertain to financial topics and does not describe any extreme events.
Private Companies: KSNY,Common USA,Cushman & Wakefield
Key People: Keith Schwebel (Founder and CEO of KSNY), Matthew Micksin (Managing Director of Real Estate at Common USA), Susan Tjarksen (Managing Director of Cushman & Wakefield)

Reported publicly: www.marketwatch.com