China Daily Global Edition (USA)

Lodging: Renting a home can make you fashionabl­e

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I’m a millennial, by the way. Like my tech-savvy peers, I share my travel experience­s on social media. The homestay afforded me many convenienc­es that catered to my needs. And I happily shared the details with my friends. Now, in my social media groups, I’m seen as an icon, a person who boldly tries out fashionabl­e things.

Emboldened, I tried to do something unpreceden­ted for my birthday this summer. I rented a modern, well-laid-out loft for a party in a home setting. We had loads of fun and big-screen entertainm­ent. The images of the shindig that I splashed on social media later won me hundreds of likes and dozens of appreciati­ve comments. The sharing accommodat­ion services helped reinforce my icon status among my groups.

Well, small pleasures like these somewhat take the sting out of the pain of getting priced out of the residentia­l property markets. In big cities such as Beijing, young people often share small rooms with other tenants.

Meetings with friends, parties or networking activities are simply not possible at such small rented accommodat­ions. Landlords and neighbors frown upon potential noise. This is where shortterm lodging makes a huge difference.

According to a recent report by the State Informatio­n Center, the nation’s main shared accommodat­ion platforms offered around 3 million housing units in 2017. Their collective transactio­ns reached about 14.5 billion yuan, up almost 71 percent year-on-year. The figure is expected to hit 50 billion yuan by 2020.

Choices and standards will likely increase and improve from now on. That should help me to protect my status as an icon among my social media groups. Just kidding.

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