SoulRooms - The #UberPool for Renters!

The fact that 80 million people today are renting with unrelated adults with whom they don't have a romantic relationship, just to cut their rental prices down is daunting. And over the last decade, this number has increased by a whopping 16%.  The soaring rental rates of real estate is one of Canada’s biggest underlying problems and is definitely a huge roadblock for Canada’s inclusive policy for migrating workforce.

So then is Co-living the solution? Well, the solution is more complex. The reason behind co-living is based on social evolution with the young generation being more flexible, as they enjoy sharing economy. Unlike earlier generations, for whom owning a home was a major life goal, accessibility to experiences and a sense of community are more important than ownership of property for youngsters today. This has led to the hottest real estate trend across the globe: co-living.

At SoulRooms we often jokingly give examples of how we are an #UberPool for rental listings. Evidently, we are. At present, the sharing economy encompasses everything right from transport services like Uber to workspaces like WeWork. Be it online entertainment, living spaces, or vacations rentals, collaborative consumption is redefining the way we live.

Imagine, living in Toronto, being an UberPool ride, where you can choose whom to share the ride with based on your likes and dislikes - that’s our AI-driven algorithm, working on finding you your perfect roommate so you can experience living your lifestyle the way you want with the community you want.  We solve this problem by providing a really great and awesome experience to get the right ticket-sized real-estate asset without going through the hassles of multiple agents. As real estate becomes a commodity, which is getting scarce by the day, the Co-Living culture will continue to grow and with better sustainable practices and environmental awareness further helping you to save up and ultimately buy a house cutting down the whole 20-year timeline. 

Given today’s globalized real estate rental scenario, young students and professionals are traveling and relocating frequently - most of the time within the same city. Hence, buying and renting spaces become exorbitantly expensive or too restrictive for the migrating millennials who may not have capital enough to pay out large deposits. Here is where traditional leasing commitments often fail to work for this always-on-the-move generation, widening the gap between renters and landlords. 

SoulRooms offers a contemporary and sustainable solution to the urban space crunch changing the rental landscape of residential real estate in Canada, offering a leasing platform for this new asset class in real estate investment. Our platforms help landlords to lease properties 80% faster than conventional platforms and real-estate-rental sites with ZERO paperwork. The in-depth vetting of renters with the inclusion of their financial background helps to reduce any contingencies in rental payments, thus ensuring steady cash flow for landlords.

So what are you waiting for, list your property at SoulRooms be a part of our growing community|