Increasing Interest in Shared Housing

According to a recent study, there has been approximately a 30% increase in demand for residential projects based on shared-living models, such as housing communes. This trend is driven by several factors. The high cost of living in Israel, including elevated rent and property prices, makes shared housing a more affordable option for many, allowing tenants to reduce expenses. A severe shortage of residential units in central Israel also encourages more efficient use of existing housing stock.Social changes, such as the rising age at marriage and parenthood, lead many young adults to seek temporary and flexible housing solutions. Urbanization further contributes to demand, as young people move to major cities for education and employment, seeking affordable, shared accommodation. The growth of the high-tech and startup sectors in central Israel brings additional young professionals looking for temporary and cost-effective housing. Modern lifestyles and Westernized habits also encourage more flexible and communal living arrangements, while the difficulty many face in purchasing property reinforces shared housing as a practical temporary solution.