Hospitality startup OYO has launched OYO Living, a co-living highrise for young professionals in four Indian cities. With students and young singles often rejected from India’s more traditional rental spaces, modern co-living high rises are helping a dismissed demographic to find homes.

Contrary to popular belief that Gen Y willingly embody 'Generation Rent', 91% UK Gen Yers have just as strong a desire to own a home as previous generations. Data suggests it's the reality of being priced out – not the abandonment of ownership – that's preventing them achieving the milestone.

Gen Yers have swapped suburbia for city life in their version of the American Dream. But with skyrocketing rent costs, shrinking square footage and a lonesome lifestyle, urban living isn’t always easy. Commonspace is a living solution for some of the sore spots of city life.

The people behind shared workspace provider WeWork have launched WeLive, bringing the best bits of co-working to communal living in New York and Washington DC. It boast flexible leases, organised fun and the promise of new friends, but will Gen Yers want to live in a branded environment?