Despite the buzz-worthy nature of its nomenclature, co-living is not a new trend, but merely the re-envisioning of an old one. A living environment whereby tenants share resources and space in exchange for lower costs and cultural commonalities harkens back to socially-minded communes of the 1960’s, and further still to the boarding houses of the 19th Century.

In this paper, Unger and Tan from Invesco talked about the current landscape of the co-living market, and discussed its investment opportunities and implications to the real estate industry.