Real Estate on a global scale: the decisive variables up to 2030!
In every society, there are elements of strength and others of weakness, which tend to compensate each other. In some periods, the most prosperous ones, the former prevail, in others it seems almost impossible to be able to detach oneself from the stall situations generated by the latter.
If we try to project this circumstance on a global level, it is possible to understand how the identification of these variables is not always so immediate, as they derive from a multitude of nations, with their own different culture and potential.
However, we have identified the so-called ‘’ megatrend ’that will affect the real estate market until 2030.
Are you curious to find out too? So make yourself comfortable and read the next lines carefully!
Megatrend # 1: Urbanization
The first element to be reckoned with in the real estate market is the demographic rate in the cities. According to statistical data, above all in the Asian areas, the population will increase sharply by 800 million between 2019 and 2030. This datum is not only impressive but also of great importance, considering that it is opportune to understand a priori in what areas of the world there may be greater demand for properties. In Africa there will be an increase of 100% always in the same time frame, but remember that the American continent will still be the most populous in urban areas. Companies will concentrate mainly in large cities and the residential sector will make smaller housing units more expensive (since they are less requested) than larger ones.
Megatrend # 2: economic power in the East
Western cities have always been the driving forces of a 'strong and solid economy. Among these we mention London, New York, Los Angeles and Paris, which will remain the fulcrum of the world's main economic activities. But the phenomenon that is going to consolidate in recent years is given by the shift of economic power from West to East, especially in Asia, where production costs are lower and innovative ideas are not lacking.
Megatrend # 3: technology
We have repeatedly addressed the circumscribed issue of the "technological" aspect. Green vision and smart houses are the pillars of the new idea of the real estate market. Reason why, the combination of technology and real estate will become even more consolidated, from the presence of projects in the pipeline that will reach a price of 7 billion by 2030. The number of sales contracts could, as a consequence, be magnified sharply, considering both the progressive expansion of demand geared precisely towards the green and smart segment, both for new investors, Millennials, who are entering and currently dominate the global real estate market.
What to say, technology, power in the East and an almost uncontrolled urbanization, will be the cornerstones of the future real estate market on a global scale. And are you ready to try your hand in the real estate market of the future?
If we try to project this circumstance on a global level, it is possible to understand how the identification of these variables is not always so immediate, as they derive from a multitude of nations, with their own different culture and potential.
However, we have identified the so-called ‘’ megatrend ’that will affect the real estate market until 2030.
Are you curious to find out too? So make yourself comfortable and read the next lines carefully!
Megatrend # 1: Urbanization
The first element to be reckoned with in the real estate market is the demographic rate in the cities. According to statistical data, above all in the Asian areas, the population will increase sharply by 800 million between 2019 and 2030. This datum is not only impressive but also of great importance, considering that it is opportune to understand a priori in what areas of the world there may be greater demand for properties. In Africa there will be an increase of 100% always in the same time frame, but remember that the American continent will still be the most populous in urban areas. Companies will concentrate mainly in large cities and the residential sector will make smaller housing units more expensive (since they are less requested) than larger ones.
Megatrend # 2: economic power in the East
Western cities have always been the driving forces of a 'strong and solid economy. Among these we mention London, New York, Los Angeles and Paris, which will remain the fulcrum of the world's main economic activities. But the phenomenon that is going to consolidate in recent years is given by the shift of economic power from West to East, especially in Asia, where production costs are lower and innovative ideas are not lacking.
Megatrend # 3: technology
We have repeatedly addressed the circumscribed issue of the "technological" aspect. Green vision and smart houses are the pillars of the new idea of the real estate market. Reason why, the combination of technology and real estate will become even more consolidated, from the presence of projects in the pipeline that will reach a price of 7 billion by 2030. The number of sales contracts could, as a consequence, be magnified sharply, considering both the progressive expansion of demand geared precisely towards the green and smart segment, both for new investors, Millennials, who are entering and currently dominate the global real estate market.
What to say, technology, power in the East and an almost uncontrolled urbanization, will be the cornerstones of the future real estate market on a global scale. And are you ready to try your hand in the real estate market of the future?
