emerging
Real Estate Reimagination
Residential real estate values are expected to rise, while co-living and multi-use spaces are gaining traction as innovative housing solutions.
Timeframe
near-term
Categories
Subcategories
Impact areas
Detailed Analysis
The real estate market is experiencing a period of dynamic change, with rising residential values and a growing interest in alternative housing models. "Jupiter in Cancer is set to increase existing home prices after June 9," the report predicts. This, coupled with the increasing cost of housing, is driving the trend towards co-living and the repurposing of commercial buildings into multi-use hubs. These innovative solutions offer both affordability and a sense of community in urban environments.
Context Signals
Brownstone Shared Housing's repurposing of a San Francisco bank
The increasing popularity of remote work
The affordability crisis in major cities
Edge
The development of smart home technologies could further enhance the appeal of co-living spaces.
Subscription-based housing models, offering flexible lease terms and access to shared amenities, could emerge.
Real estate investment trusts (REITs) specializing in co-living and multi-use properties could attract significant capital.
