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And others in the industry see limits to co-living developments as an investment class.
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Mr Martin said in the Dáil that co-living had not taken off as originally feared.
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The Collective, a property company founded in 2010, is one of London's major co-living developers.
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By its count, co-living has either matched or outperformed traditional real estate on all fronts.
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Is there a middle ground on co-living in Ireland?
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A bedroom at the Bibliotheque, a co-livingspace in Hong Kong, where 166 residents share common areas.
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It very much resembled what the Minister for Housing here is planning in terms of co-livingspaces.
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A network called Roam is a new network of co-livingspaces and they are offering the best deal yet.
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Some, like Ollie, offer hotel-like rooms; others, like Brooklyn-based Node and Oakland-based Open Door, convert century-old mansions into one-of-a-kind co-livingspaces.
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There are dozens of co-working and co-livingspaces on the island including nine in Canggu, up from only one only three years ago.
1
They were sitting in Patrik's flatsharing a bottle of wine after having dinner together.
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Gone too of course was the TV and video in the flatshared with four other journalists, together with my snowboard.
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Think about how much time they spend together: all those writing days, rehearsal sessions, car journeys, late-night gigs, the Edinburgh festival, flatshares.
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This is Crow, who sweeps into a London flatshared by Dad, his two young sons and, until a very recent tragedy, their mother.