We are honored to be featured in the latest issue of Thesis Driven, the influential real estate and proptech newsletter by Brad Hargreaves, founder of Common and a leading voice in the housing innovation space.
In this edition, Brad digs into the emerging wave of co-ownership models, and we are proud that reSpace is recognized as a key player helping redefine what the American Dream can look like for a new generation.
"If the white picket fence and quiet suburban home were the Boomer American Dream, co-owning a piece of land and living with close friends is the Millennial American Dream."
The article explores the major headwinds that have made co-ownership difficult to scale: financing hurdles, zoning constraints, and coordination complexity. But Brad also highlights the companies, like reSpace, that are finding creative, scalable solutions.
Unlike many fractional ownership models that stop at financial engineering, reSpace is building for something deeper: shared living rooted in connection, purpose, and we-based wealth.
Our patent-pending co-homeownership model lets residents own a private suite with an individual mortgage, while sharing common spaces like kitchens, living areas, and outdoor spaces. It all happens in the neighborhoods people love but too often cannot afford, including the Seattle communities where we are putting this model to work.
We are grateful to be part of this thoughtful conversation about housing, innovation, and what comes next. Thank you, Brad, for recognizing our work.
Read the full article here: Making Co-Ownership Work.
Frequently Asked Questions
What is Thesis Driven and why did it feature reSpace?
Thesis Driven is an influential real estate and proptech newsletter written by Brad Hargreaves, founder of Common. Its feature on the future of co-ownership highlighted reSpace as a company finding creative, scalable solutions to the challenges that have long made shared ownership difficult, from financing to zoning to coordination across multiple households.
What is reSpace co-homeownership?
reSpace is a structured co-homeownership company based in Seattle. Our patent-pending model lets residents own a private suite with an individual mortgage while sharing common spaces like kitchens, living areas, and outdoor areas. The goal is to make it possible to own in the neighborhoods people love but too often cannot afford on their own.
How is reSpace different from other co-ownership models?
Many fractional ownership models stop at financial engineering. reSpace is building for something deeper: shared living rooted in connection, purpose, and we-based wealth. As the Thesis Driven feature noted, we pair a workable ownership structure with real community, so residents gain both a home of their own and neighbors they actually know.
Why does Seattle matter for reSpace?
Seattle is where we are putting structured co-homeownership to work. The city pairs high housing costs with neighborhoods people deeply want to live in, exactly the tension our model is built to ease. By letting friends and like-minded buyers own private suites and share common spaces, we help people stay in the Seattle communities they love.
What does reSpace mean by "we-based wealth"?
We-based wealth describes building a home and a future alongside other people rather than entirely on your own. Instead of stretching to buy a whole house solo, residents own a private suite and share larger common spaces. The article framed this as a generational shift: co-owning a place with close friends as a modern version of the American Dream.
Where can I read the full Thesis Driven feature?
The full article, titled "Making Co-Ownership Work," is available on the Thesis Driven website at thesisdriven.com. It walks through the headwinds facing co-ownership and the companies, including reSpace, working to solve them. We are grateful to Brad Hargreaves for including our work in such a thoughtful conversation about the future of housing.