Culture
CityLab Daily: Can Co-Living Cool Down a Hot Rental Market?
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Cool it down: Can communal living cool down a hot rental market? In downtown San Jose, California, an 18-story building is set to be the biggest attempt at a co-living mega-dorm ever conceived. It’s in a city that tops the lists of highest-value housing markets and highest-income earners, with average rents reaching $2,700. The hope is that this project takes a step toward making a more affordable city, and that Millennial living preferences can help it get there.