Whether or not it's a good biz, Co-Living may be starting to disrupt the mrkt for large apts. 3+ beds generally rent to families and groups of roommates. CL doesn't affect the former. But, given the choice not to be joint/severally liable, roomies may increasingly opt for CL.
One thing is for certain. The guys who own the properties and choose to do co-living in them have a really big advantage vs. the guys who lease and then sub-lease coliving. No doubt about that. So, in the long-term, agree with you.
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Same goes for those rent to airbnb people. Separate point: hope VRBO mounts some competition.
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