What are your thoughts on the flexibility of co-living spaces & would you live in one?

Common is building partnerships with companies and educational institutions, looking to tap into the giant markets for student and corporate housing. For example, the company partnered with computer programming schools Fullstack Academy and General Assembly, Hargreaves said. The firms will refer out-of-town students to Common.

Common justifies the markup by pointing to the value of flexibility – leases can be canceled on 30-day notice – and not having to worry about furniture, utility costs or maintenance. The apartments at 1162 Pacific feature weekly cleaning, flat-screen TVs, NEST thermostats, Restoration Hardware furniture and even soap and shampoo.