There’s no doubt Hong Kong is a special city, whether in terms of humanities, resources or geography. Co-living, without an exception definitely, has developed into a unique lifestyle in Hong Kong. The co-living model in foreign countries is very different from that of Hong Kong.
In the macro sense, the typical problems confronted by the foreign countries are that the rental vacancy rate is too high. However, the reasons behind it may be very different. Some are due to the imbalance of supply and demand; Some are because the buildings are too old and cannot attract tenants at all. However, the situation is totally different in Hong Kong. “Small land, High population”, coupled with the bubbles, make it difficult for the youngsters to find a place to live. Therefore, it is almost an extravagant talk to implement foreign-like co-living in Hong Kong, let alone changing the fierce property market environment in Hong Kong.
We can't change the property market in Hong Kong. We can't make the illegal subdivided housing disappear. We are not landlords, real estate developers, nor the government, and we cannot change all the hardware. We, as a group of passionate organisers, want to promote the concept of co-living, not only to provide a new rental option, but also through the facilities - discounts, regular events, and smart information on daily life, etc., so that what you get is not just a place to live, but a real life. It is hoped that with more and more people wanting to live in a co-living model, the suppliers will react to the market demand, so that more landlords are willing to change the existing rental hardware, decoration and facilities, and let younger generation in Hong Kong can afford a living.