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Co-living boom faces hurdles in developing Asia

Doubts rise as 'digital nomads' start to shun business model

Outpost Ubud Penestanan, a co-living space in Bali, Indonesia. Spaces that make it easy to socialize are especially popular among the digital nomads they cater to. (Courtesy of Outpost Ubud Penestanan)

UBUD, Indonesia -- In 2016, U.S. commercial real estate company WeWork opened an apartment building on Wall Street with sleek studios, a coworking space, kitchen and games room plus fast broadband and regular social events. Based on the family-orientated housing cooperatives of 1960s Denmark, it offered tenants a solution to two converging problems: skyrocketing property prices and the increasingly precarious and mobile nature of work.

With projections suggesting up to a billion people will work remotely by 2035, co-living, as the trend is called, is gaining traction in cities around the world.

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