The coworking company is attempting to challenge traditional residential accommodation options by offering coliving spaces. There is an increasing amount of emphasis being put on community as sharing becomes a bigger aspect of our lives. From worldwide bicycle hire schemes - which have even been subsidised as a part of our public transport networks - to commonplace coworking spaces, have we ever been this open to lending and borrowing?

Although not an entirely new business model, coworking startup WeWork has begun to look towards residential accommodation as the latest offering in shared spaces. Eighty WeWork members and employees have moved into 45 apartment units at 110 Wall Street in NYC. All apartments come fully furnished, decorated and with cable and internet already installed. Their monthly rental includes a cleaning service, although bills are extra. Each floor features a communal space such as a yoga studio or a cinema, and the whole building has a community manager who organises game nights, fitness classes and communal dinners. There's even a social network which is accessible through its own app.

Coliving spaces might be just the answer for a growing amount of nomadic millenials who live a migratory lifestyle for both vocational and recreational reasons. Being without a fixed abode is no reason to compromise on your standards of living, and community housing schemes provide a solution which immerse the habitant in a circle of likeminded people.