She says when she launched the company in 2012, tenants were mostly 24 to 30, but now the typical age has pushed up to late 20s and early 30s. Co-living company PodShare offers dormitory-style living for tenants in expensive cities for $1,200 a month, but it has faced criticism for what some say is effectively an expensive hostel. Set up in 2012, PodShare currently has six locations in Los Angeles and one in San Francisco, where members can access a bed in a shared dormitory. There are no deposit or commitment requirements and residents are willing to sacrifice privacy and space for a convenient location. The company’s founder, David Lee, says the idea behind co-housing was that people would be able to live together without having to pay rent each month.
Co-living company PodShare offers dormitory-style living for tenants in expensive cities for $1,200 a month, but it has faced criticism for what some say is effectively an expensive hostel. Set up in 2012, PodShare currently has six locations in Los Angeles and one in San Francisco, where members can access a bed in a shared dormitory. There are no deposit or commitment requirements and residents are willing to sacrifice privacy and space for a convenient location. The company’s founder, David Lee, says the idea behind co-housing was that people would be able to live together without having to pay rent each month.