No industry is immune to technological advances, but real estate is one niche that has been traditionally slower to adopt new trends. Not any longer! PropTech is booming and changing the way we buy, sell, and interact with our properties. I have recently been to ProbTech events to deliver keynotes, and more and more companies in the industry are asking for my advice on tech transformation. So, with this post, I would like to share the key trends every real estate professional and property manager needs to be aware of.
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The Chinese government is trying to convince the rest of the world that the property crash is under control, that everyone’s funds are safe, and that the growth narrative will resume after business disruption. After all, the Winter Olympics are about to open in Beijing, and in a little over half a year, China’s supreme leader, Xi Jinping, will (probably) be named ruler for life.
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A $1 billion-plus project, which would see Southland become a cheap, ‘green’ hub for storing data and dishing up cloud computing services in Australia, New Zealand and beyond, has taken two big steps forward.
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Shortly after the World Health Organization (WHO) declared Covid-19 a global pandemic, governments everywhere unveiled massive monetary and fiscal stimuli (over $15T globally) in a bid to forestall an economic fallout. The U.S. federal government stepped in with a broad array of measures, including a $2.3 trillion package designed to support financial markets, state and local governments, employers, and households. Democrats are pushing for yet another $3 trillion package to shield eligible Americans from the effects of the pandemic.
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If the monthly cost of your rent is starting to take a toll on your wallet, it might be time to take a look at some of the cities in Canada where rent actually went down.
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The Government has announced new guidelines for non-vaxxed folks either renting or buying a new home.
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The state of Texas does not want your inheritance. It may end up with it anyway.
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The State Committee on Property Issues under the Azerbaijani Ministry of Economy will hold privatization auction on February 15, 2022, Trend reports referring to the committee.
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It’s bizarre, strange and downright freakish, isn’t it? I never in my wildest dreams thought I’d be writing a how-to on purchasing real estate in the metaverse, but here we are. People are actually scrambling to buy virtual land — yes, virtual — meaning it lacks tangibility and doesn’t exist in the physical world. You technically can’t see nor touch it, but folks are paying tens of thousands of dollars to own one.
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The SA Reserve Bank, like other central banks around the world, is keen to maintain a balance between economic growth and inflation as the economy recovers from the damage caused by Covid-19 lockdowns and chain breaks supply, so some rising interest rates can be expected this year, says Berry Everitt, CEO of real estate group Chas Everitt International.
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