August 7, 2019

Silicon Valley: $1200 a month for a bunk bed

Guardian - Silicon Valley has rebranded the bunk bed. It is called a “pod” now – and a startup called PodShare is renting them out in San Francisco and Los Angeles for $1,200 a month. Yep, you read that right: you can now rent a bunk bed, in a house full of other bunk beds, for $1,200 a month. That price includes cereal, toilet paper and a personal TV. It doesn’t include privacy. But, hey, we live in a post-privacy world.

Perhaps this concept sounds familiar; perhaps you are used to calling this sort of dorm-style living a hostel. Well, please don’t. Don’t call it a boarding house, either. Or a tenement. Or a scene straight out of the dystopian movie Sorry to Bother You. Nope, PodShare would rather you called it “co-living”. Elvina Beck, the 34-year-old founder, says the company follows a “subscription housing” model that provides flexible and affordable housing in desirable neighbourhoods.

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