According to the BBC:
A report from American consumer research company, Neilsen, showed 40% of Americans between the ages of 18 and 36 prefer to live in urban areas instead of the suburbs. In the UK, a Knight Frank study found 54% of 18 to 24 year olds were happy to consider living in a studio flat that makes living in central locations more affordable.
Tiny sizes do not seem to matter because, according to Mr. Baron:
“My suite functions as a place to simply store my possessions, and for sleeping, because I live in a neighbourhood that has plenty of coffee shops, restaurants and pubs.”
And developers love it because they can squeeze more people into their micro towers:
New York City, no stranger to cramped, high-density living, will open the doors of a pioneer project, called My Micro NY, at the end of 2015.
The 11-floor tower will have so-called nano-units ranging from 24sq metres (260sq foot) to 33.5sq metres (360sq foot), which will rent for $2,000 to $3,000 a month.
The units look something like this:
If your socializing takes place in your neighborhood or online then these units may be desirable. Otherwise…
Would it work for you?