It''s not sad. It's a good way to save money to buy a house or just invest. Actual free market allows for stuff like these. Where I live it's illegal, That's sad.
Yeah I don’t see this as sad. You save a lot of money and make new friends and have some community. I would always prefer to have my own place but not everyone can afford $4000/month for a 1br
Late stage capitalism at its finest. Make regular housing unaffordable, buy politicians to refuse to change zoning laws to make it better, and rent us just a bed for $950.
Don’t live in one of the most expensive downtown areas in the world if you don’t want to pay that much. I would never live in LA but if I did this actually seems like a pretty cool option.
Trading success requires technical analysis skills, discipline, and emotional maturity. It’s not about timing the market, but being prepared for it. Sophia Haney’s wisdom, daily trade signals, and my commitment to learning have led to steady increases in daily earnings to over 16BTC. Keep up the great work!
I hope this inspires someone to start investing today, regardless of age. I wasn’t financially free until my 40s, but I’m still in my 40s with a third property, passive income, and four of my five goals. Investing in the financial market was a wise choice. Thanks for sharing this incredibly inspiring video!
Diversify your income streams to boost your earnings. This year, I’ve successfully done this by investing while I work. I invested through Sophia Haney, the CNBC anchor who often mentioned her. She invested my startup capital in less than three months after getting certified.
I have been quite cautious to get involved in this specific industry, but I believe that this is the perfect time to do so. I went to a seminar where the speaker discussed how lnvesting in cryptocurrencies may result in gains in the near future of well over $4.5 million. I have to know which coin to buy with.
I invested across major markets and follow Sophia’s rules, a great financial advisor. My portfolio has grown by 20-30% monthly while my IRA stagnates. Her exceptional diversification skills have not limited my portfolio to my choices; they reflect her placements. She provided me with financial independence.
That’s great! Your investment advisor must be excellent. I’ve read about people who improved their financial stability with investment advisors. Can you tell me who your broker is? I have $500,000 set aside for the stock market to boost my income.
Are there any local rules against having 78 people in just two units? I can imagine the neighbors wouldn't be too happpy. Do people have cars? Can you imagine? no parking on the streets nearby? Only a matter of time I think until cities limit this too.
@@akastardust true, I guess I just wouldn’t feel like that part is truly my “home” , I would still feel like a guest in that space. But to each their own!
it would be a nightmare to use bathrooms in reality and one bad tenant can ruin it. This might be just a showcase for developer to show it to investors... imagine sharing that fridge with multiple people lol
This is not addressing the systemic issues to the housing crisis in the US. You have to address private equity and real estate developers buying off property.
"Car Conjugal Visit?" . . . I have a friend who walks their dog in that neighborhood. I'll tell her to keep a look out for bouncing cars . . . "Sorry, my girlfriend's not allowed in my 30 bed apartment."
I considered coliving in LA! It’s much more affordable and that’s the way the winds are shifting. Not everyone can afford to own a house in LA. In fact very few can.
Desperate times call for desperate measures. Our son lived in a coop, which this is very similar to, in Minneapolis for a couple of years. But it was an affinity group, faith based. It had pluses and minuses, but since he met his wife there, it worked out well. You really need well-defined, enforceable house rules.
I used to own a hostel by Little Tokyo. Loved running it and there is def a market of people that need coliving spaces. This was back in 2011 and I was charging $23 a night. I was always booked. My favorite part about it is the community that gets built. One of the best experiences of my life. Unfortunately the city never ended up giving me the permits that I needed to continue the business. Back then they did not know how to proceed with my type of business. So I had to shut it down. But I was making 30k plus a month
Flight attendants have been doing this for decades they call them crash pads in the airline world and it's perfect if you're not hanging out there all the time.
i lived in Cohabs (NYC coliving) for a couple months. Wasnt for me in the long term bc i need more personal space, but it was such a friendly environment
36 people in a house? yeah no :) it's a funny contrast between a luxury house made terrible by 36 people being in your house :) You could do japanese style very modest apartments, like a not hellish version of new york but this mix is too high a contrast. It makes no sense even if it makes sense for the landlord. for 1000$ you can split an apartment in LA which would be much more civilized
Okay, so you met a few people who live this way and thought, "Wow, what a great money-making idea"… instead of asking yourself why they have to live in such conditions. And most of the time, it's because of people like you, who buy up properties and distort the market. Pathetic.
Shelby, this was a terrific video and it seems you videotaping is second nature to you. Yes, I think it's brilliant this type of set-up and it's a win/win on all sides. Thanks for sharing!
@@huckleberryfinn6578 It was true in the past when they were an English colony. Now that they're apart of China there should be better affordable housing close by.
These are nice examples but sadly, low income and undocumented people have been squeezed into two and three bedroom places (20 people or so) for years. The slumlords of these types of buildings earn a ton.
This is just sad that this is where we are in America.
America suppose to be better than other countries and it’s just as shitty
and actively pitched to more investors
Yeah, like I get it's a "cool" concept for a video but when you stop and think about it for like two minutes... it's really sad. We are broken.
It''s not sad. It's a good way to save money to buy a house or just invest. Actual free market allows for stuff like these. Where I live it's illegal, That's sad.
Yeah I don’t see this as sad. You save a lot of money and make new friends and have some community. I would always prefer to have my own place but not everyone can afford $4000/month for a 1br
950 for a bed is nasty work
You will own nothing and be unhappy
😂😂😂 Real nasty
Late stage capitalism at its finest. Make regular housing unaffordable, buy politicians to refuse to change zoning laws to make it better, and rent us just a bed for $950.
Don’t live in one of the most expensive downtown areas in the world if you don’t want to pay that much. I would never live in LA but if I did this actually seems like a pretty cool option.
@@xpallodoc1147 its not a pretty cool option. For a little more, you can get an entire room to yourself with housemates. $950 for a bed is robbery.
Trading success requires technical analysis skills, discipline, and emotional maturity. It’s not about timing the market, but being prepared for it. Sophia Haney’s wisdom, daily trade signals, and my commitment to learning have led to steady increases in daily earnings to over 16BTC. Keep up the great work!
I hope this inspires someone to start investing today, regardless of age. I wasn’t financially free until my 40s, but I’m still in my 40s with a third property, passive income, and four of my five goals. Investing in the financial market was a wise choice. Thanks for sharing this incredibly inspiring video!
Diversify your income streams to boost your earnings. This year, I’ve successfully done this by investing while I work. I invested through Sophia Haney, the CNBC anchor who often mentioned her. She invested my startup capital in less than three months after getting certified.
I have been quite cautious to get involved in this specific industry, but I believe that this is the perfect time to do so. I went to a seminar where the speaker discussed how lnvesting in cryptocurrencies may result in gains in the near future of well over $4.5 million. I have to know which coin to buy with.
I invested across major markets and follow Sophia’s rules, a great financial advisor. My portfolio has grown by 20-30% monthly while my IRA stagnates. Her exceptional diversification skills have not limited my portfolio to my choices; they reflect her placements. She provided me with financial independence.
That’s great! Your investment advisor must be excellent. I’ve read about people who improved their financial stability with investment advisors. Can you tell me who your broker is? I have $500,000 set aside for the stock market to boost my income.
Are there any local rules against having 78 people in just two units? I can imagine the neighbors wouldn't be too happpy. Do people have cars? Can you imagine? no parking on the streets nearby? Only a matter of time I think until cities limit this too.
Neighbors must be thrilled with everyone parking on the street
it's a pretty walkable area so most of them just walk/uber! but I imagine some of them take the street parking spots
that street is filled with apartments and duplex's they are used to having lots of cars
@@user-ym3up6gz7x a lot of bikes in the garage shot in the video i noticed.
@@ShelbyChurchShelby, Living in La Verne and West Covina is totally fine for us.
LA/LA County is losing the plot regarding housing
As a property manager, this seems like a headache to manage. Young people coming and going is a nightmare scenario.
Oof. $950 still seems steep for a bed in a box.
I had a whole studio to myself for $850 at one point, that was a few years ago. A few years before that it was $585.
What are you not getting about it being an entire luxurious house?
@@akastardust true, I guess I just wouldn’t feel like that part is truly my “home” , I would still feel like a guest in that space. But to each their own!
It's Venice. Maybe it' cheaper in LA.
it would be a nightmare to use bathrooms in reality and one bad tenant can ruin it. This might be just a showcase for developer to show it to investors... imagine sharing that fridge with multiple people lol
yeah it can work, but you just have to have really good tenants. seems risky
it definitely can be a hit or miss experience depending on the tenants
Sounds like you never got the fancy student dormitory experience. If you want it "cheap" then you tolerate other peoples behavior.
@@vlogginggamingandcoding you might have to try 2 to 5 different locations of these, to find one that works for you.
@ShelbyChurch Good strict rules & regulations from service provider will do the works😘
It is not unusual in the UK and called HMO and it is regulated.
$950 to stay in a luxury halfway house
lmaoo
I miss your long deep dive monologue series (e.g., loneliness epidemic, trad wives,...)
She has a podcast now 👍 maybe she'll make that kind of episodes too.
This is not addressing the systemic issues to the housing crisis in the US. You have to address private equity and real estate developers buying off property.
"Car Conjugal Visit?" . . . I have a friend who walks their dog in that neighborhood. I'll tell her to keep a look out for bouncing cars . . . "Sorry, my girlfriend's not allowed in my 30 bed apartment."
I'm from LA and please don't do this co-living BS, it's a disaster waiting to happen. Frankly this video is depressing af
Other property owners are already sittings and calculating the profit they can earn, when transforming it into a co-living.
I considered coliving in LA! It’s much more affordable and that’s the way the winds are shifting. Not everyone can afford to own a house in LA. In fact very few can.
how does fridge and freezer space, pantry space, and general food storage + cooking areas work? seems crowded and not enough room to operate in
How can this be legal?
How does this pass fire code?
WHat government official is on the take?
950$ for this ???? 3rd world galore .
Just a glamorized college dormitory
Desperate times call for desperate measures. Our son lived in a coop, which this is very similar to, in Minneapolis for a couple of years. But it was an affinity group, faith based. It had pluses and minuses, but since he met his wife there, it worked out well. You really need well-defined, enforceable house rules.
I used to own a hostel by Little Tokyo. Loved running it and there is def a market of people that need coliving spaces. This was back in 2011 and I was charging $23 a night. I was always booked. My favorite part about it is the community that gets built. One of the best experiences of my life. Unfortunately the city never ended up giving me the permits that I needed to continue the business. Back then they did not know how to proceed with my type of business. So I had to shut it down. But I was making 30k plus a month
the american dream seem better than ever! at least I guess is better than living in your car
It's like college without the homework!
Really sad we accept this. People thought the 30 40 50 60 were bad
Johnny is getting ripped off 😂 dude just operate it yourself, you could pay a full time property manager 5K a month and still save 20k
I was waiting for “In the hot tub on the roof, two additional tenants live in a small boat.”
Destroying a neighborhood so someone can make money. 🤬🤬🤬
Nice option for the right tenants who otherwise could not live in LA.
Sounds great in theory. But the alarms, snoring and farting would be a deal breaker for me!
Sounds terrible, even in theory. $950 for a capsule. That's insane.
That dude’s earring looks like it costs more than my net worth
what's classy if you're rich and trashy if you're poor?
I need space when I live. I feel like I'm packed like a sardine.
Flight attendants have been doing this for decades they call them crash pads in the airline world and it's perfect if you're not hanging out there all the time.
Imagine all 30 people share 1 or 2 bathrooms, and they all get food positioning?
@@saulgoodman2018 or Covid. 🤦🏻♀️
How do people share the fridge? Do they mark their own food/drinks? Id be mad af if someone was eating/drinking my stuff.
You buy a Wolf range and an Avantco fridge?
Tenant replaced the fridge, it was sub-zero😂
so you paying for a box for almost 1k a month in la when you have noisy cube mates fuck nah
Interesting concept. Beautiful house, but I couldn't do the bed capsule.....
Its an idea but with all the weirdos out there, No Thank you
I feel like all my stuff would get stolen within a week
i lived in Cohabs (NYC coliving) for a couple months. Wasnt for me in the long term bc i need more personal space, but it was such a friendly environment
re: people commenting about sharing refrigerators - I along with some other ppl bought mini-fridges for our rooms. They're pretty cheap second hand
Place looks very nice but how does it work for sleeping arrangements for 38 people? How many bathrooms? The scheduling must be crazy.
Depressing😑
Dating & Having a Sleepover MUST be interesting ?
they aren't allowed to have people sleep over haha
Capsules are only for hotels in Japan. They would not meet the legal requirements for apartments.
Do you believe that when people own their homes, they become their parents just like in the Progressive commercial?
YES.
The ones in Japan even have an Onsen which is really cool!
First time I went to Cali I did a coliving Airbnb… it was honestly amazing I absolutely loved it
The perfect place if your trying to save for your first house.
recession indicator, this is gonna be in The Big Short 2
it's very modern thinking . and it fills a need .
Just makes me wonder why don’t have capsule hotels
For safety reasons I do not think i could do coliving with strangers and sleeping next to strangers
Really interesting, thank you.
Even a jail cell have no space then those bunks.
Is this coliving soace not going to get trashed -?- and who pays the damages. Who knows who damaged what.
Ended too soon. Need to hear - is there a bathroom schedule? Who cleans out the frig? Ask your grandparents - they called this a commune.
Great idea. Does the community exhibit a family mindset? If so, it would be great as a person gets older.
keep doing your thing Shelbs
turning a building into co-living better than a big house or buildings getting unused
LA, Gov is an absolute crap show 😢
Hostel. Oh that’s tough after a while. But lovely roof area nice family build. Hmmmmmm. Not that bad if can hack it
36 people in a house? yeah no :) it's a funny contrast between a luxury house made terrible by 36 people being in your house :)
You could do japanese style very modest apartments, like a not hellish version of new york but this mix is too high a contrast. It makes no sense even if it makes sense for the landlord. for 1000$ you can split an apartment in LA which would be much more civilized
This is very common in Hong Kong where people share living spaces.
Okay, so you met a few people who live this way and thought, "Wow, what a great money-making idea"… instead of asking yourself why they have to live in such conditions. And most of the time, it's because of people like you, who buy up properties and distort the market. Pathetic.
It's because of stupid politics that don't let people and companies build. There is too little supply and too much demand. Simple as that.
Bet your neighbors LOVE having 72 people living next door.
950 per bed?
Shelby, this was a terrific video and it seems you videotaping is second nature to you. Yes, I think it's brilliant this type of set-up and it's a win/win on all sides. Thanks for sharing!
I know guy who went super viral on socials from working with his co-living housemates on tiktoks, they do creative exchanges & all benefit. so cute!
Not for me but I like it as an option for those that want to make the move to a big city and don't have rich parents.
Does 38 tenants mean 38 extra cars parked on the street?
Coliving as room rental works but I feel like the hostel style has a lot of risk. Feels almost inhumane
yes a room rental would be a lot nicer
@@ShelbyChurchShelby, I liked living in Glendale and Burbank together.
I would live there to save money. And actually I'm trying to find a place like that kkkkkkk😂😂😂😂
No way
Kinda reminds of the Hong Kong "Cage homes". This is not the future you want America.
At least it's kind of understandable in HK. There is not enough land to build. In the US, on the other hand.
@@huckleberryfinn6578 It was true in the past when they were an English colony. Now that they're apart of China there should be better affordable housing close by.
Interesting income opportunity. Thanks for the video Shelby. 👍🏻
These are nice examples but sadly, low income and undocumented people have been squeezed into two and three bedroom places (20 people or so) for years. The slumlords of these types of buildings earn a ton.
Thats so depressing, I could never!
It's not for me but if I was young and that's all I could afford, I would at least try it!
bruh 1 grand a month for 36 roomates. lmfao. slumlord making bank.
i thought this was like a new air bnb which would make sense.
30 people. 1 shower.
Now why in the world would they only have 1 shower. It’s obviously more than that
@@gypsyjane6352 It's a joke.
I think you made video like this years ago like you mention in Japan living style
The Bonnie Blue of hostels
Does Edward Lee still do camera work for you?
Best channel on yt !!!!!!!!
Are Hollywood dreams worth it? My goodness.
This is so predatory imo. I would never promote this.
I'll have to see if there units in my area here in NJ.
Sounds like an interesting area.
First
That's not a Wolf oven, that's a Wolf range