The majority of young professionals don’t want to live with their parents until they get married. However, they don’t want to live alone, either.

While not entirely new, Co-Living, or shared housing is on the rise. It is most prominent in London and New York where housing prices are forcing residents to seek out new and innovative ways to rent in big cities without breaking the bank. Co-living isn’t really all that new. The Baby Boomers started the communes to escape an oppressive and rule-driven way of life.

Millennials, on the other hand, like having rules and a sort of parental authority. They are searching for co-living housing of no more than 4-10 people. Co-living communities enable viable lifestyles through sharing and economical use of resources and space.  A diversity in their roommates, different backgrounds, ethnicities, and ages is desirable. Not anyone they work with, but people that they can be friends with. Developing relationships is more important than square footage.

Places, like Ollie have houses in New York City, Boston, Los Angeles and Pittsburgh. Residents unite around a common interest to collaboratively manage a communal space, share resources, and organize activities which contribute creatively and academically to the world around them. Ollie boasts amazing amenity spaces that invite their residents to shape the lines of life, work, and play with areas such as communal lounges, pools, gyms, spa areas, juice bars, roof decks, and flex spaces. As an Ollie member, residents have an all-access pass to the amenity spaces of an increasing network of buildings coast-to-coast.

But that’s not all. Ollie invites residents to mingle with events such as interesting guest speakers, yoga at sunset, mingling with cocktails on the rooftop lounge, and most interesting of all is that they also, offer group vacations. It is easy to understand why more Millennials are choosing this way of life over traditional rentals in big cities.