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Moreover,
economic, cultural and social changes lead to a reduction in the
average number of people per household, which stimulates demand for new
dwellings and other related goods and services. Supply and demand shocks
may also happen as a result of unexpected social or economic events.
Apart
from these traditional drivers of the property business, there is a new
one that is changing the world all around us: technology. It is a
rising tide that is already reaching the real estate sector. As a
consequence we can expect significant changes on the business model of
the industry (products, processes, customers, margins…), and eventually
on the real esate investment market.
Sigue leyendo este post en Medium: Beyond PropTech: how technology will change construction and the real estate industry.
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Technology is set to revolutionize the construction and real estate industry, transforming everything from project planning to property transactions. Innovations like artificial intelligence, 3D printing, and automation are streamlining construction processes, reducing costs, and improving efficiency. Smart buildings, virtual reality tours, and blockchain-based transactions are reshaping how properties are bought, sold, and managed.
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