Member-only story
Some thoughts on how technology and the climate crisis are impacting on the real estate sector
It’s worth giving some thought as to how key sectors of the economy like construction or real estate are impacted by new technology and the climate emergency, and to what extent these factors will play a role in the next, foreseeable, economic crisis.
In the United States, there is already a growing shortfall of more than seven million affordable homes, especially in the low and very low income bracket, which has been most affected by the pandemic. Furthermore, a good part of the economy depends on more than $1 trillion in mortgages, with repayments now seriously compromised by the pandemic.
In addition to this relatively short-term problem, there is another threat that many people thought was long-term, but that is making itself felt with increasing ferocity: the climate emergency and . Throughout this year, such as hurricanes or fires in many areas of the United States has increased significantly — which is why this year’s storms and hurricanes — which, coupled with the progressive rise in sea levels, foreshadows the likely . An that will undoubtedly…