In early November The Atlantic released a very interesting, heavily circulated article entitled “Dorms for Grownups: A Solution for Lonely Millennials?” It is incredibly fascinating and we encourage everyone to read it. It also had us thinking about a few things, like is this something millennials and Gen Z-ers would really even want, what is the biggest draw to this sort of living arrangement, and could this actually be a long term alternative for these generations? There is really only one way to find out and that is to go to the source themselves.
The respondents overwhelmingly leaned male with only six female responses.
From the 6 females who responded to living in common space with micro units :
2 answered yes
2 answered maybe
2 answered heck no
The 2 yeses were the youngest females. Both the yeses and the 2 maybes expressed interests due to the cost savings and the social concept.
“ It would most likely be cheaper. Also, it would be nice to live in a community with people who are around my age and have similar interests. Plus, a smaller living space is easier to keep clean.” – Abby 20
From the 29 male who responded to living in common space with micro units:
15 answered yes
8 answered maybe
6 answered heck no
Interestingly enough the youngest male, a 17 year old Gen-Zer, answered heck no due to disliking small spaces and being stuck with strangers. A majority of the male maybes liked the idea of the social aspect, but call back to their college days and are turned off to living in dorm like conditions again.
“Sharing common space with random strangers again? I have to say no thanks. Definitely like the social aspect of it though.” – Brad 27
The male yeses all were attracted to the idea of a low price alternative with a few also interested in the social aspect.
“Price, encouragement to keep possessions lean, more social interaction.”– Colin 29
“I basically live in one now. I love how condensed it is (no need for a hassle in cleaning) It serves every need I have efficiently, and is relatively cheap. I share common space with 4 other people and it’s adequate for us all whenever we want to entertain.” – Jackson 21
We found in this small sample that many, including yeses, were concerned with privacy, cleanliness, and noise that could come with common space and micro units. What people really responded to in the idea was the opportunity of staying social after college and the efficiency of small spaces, along with the ease of keeping a small area clean.
We’d love to do an update on this topic in the future with more respondents to get a more statistically significant look at the opinions, so if you are below the age of 34 take a minute to fill out the survey here.
Let us know what you think about the whole concept by leaving a comment and if you are interested in multifamily market intelligence try out Insights by REscour for 14 days free by hitting the big button below.