Episode 7: Real Estate Demographics, Integrated Construction, Space-as-a-Service Heating Up

Dislocation is a podcast dedicated to innovation in real estate — exploring technology's impact on the way in which assets are planned, designed, financed, built, marketed, and operated. This week, Dror and David discuss how demographic changes impact demand for real estate; how cyclical demand impacts innovation in housing construction; and recent developments in the Space-as-a-Service market. Key points from this podcast: - There will be 21 million people aged 100 or older by the year 2100, compared to onyl 150,000 in 2000. - 50% of households in large US cities are single-person. These households used to consist mostly men, but are now majority female. - Rezi is planning to spend $10 million on buying up residential leases and using them as inventory to streamline the multifamily rental process. - Autodesk CEO says that “by 2050 there will be two billion more people on the planet – we have to build 1,000 more buildings a day for the next 32 years to house them." — is that a lot or a little, and how will construction catch up? - Is it possible to integrate and innovate in the construction industry in the face of extremely cyclical demand? How will AI and automation impact how the industry respond to such cycles? How does Katerra approach these challenges? - Convene raises $152m from ArrowMarks Partners, Revolution Growth, RXR, Brookfield - Breather launches new "Month Plus" offering, to provide longer-term furnished private offices to its clients - Senior WeWork executive tells media "We are a real estate company in the same way that Uber is a taxi company. We have no real estate and they don't have any taxis" — is that true? And if not, why do they keep repeating it? ____ David Friedlander is the founder of Hothouse.co, a marketing communications, public relations, and trend consultancy with a narrow focus on the future of real estate. Hothouse work has been featured in the New York Times, Wired, Dwell, CNN, and many other outlets. Read more here: hothouse.co/about/ Dror Poleg is the founder of NYC's Rethinking.RE, where he advises institutional real estate investors on innovation and investment in emerging technologies. His insights have been featured in reports and events by KPMG, Urban Land Institute, JLL, PERE, NYU, Savills, Estates Gazette, and EPRA. Read more here: www.rethinking.re/dror-poleg/