Who does PropTech impact?
Everyone should be familiar with the latest trends in the PropTech industry. You could be a government employee, who is searching for a short-term stay; you could be a young professional, traveling to a new city on a business trip; you could be a university student, seeking out an apartment or flat to rent by yourself or with mates; you could be looking for a place to settle with your family or for your parents when they retire; you could be an experienced investor looking for a market opportunity or a young business school student attempting to learn about emerging industries.
PropTech is so interwoven with our daily lives that we do not often think about it. Even for laborers in very different industries, the nature of PropTech will impact their lives, simply because the real tate market is so interwoven with the economy of every country on the face of the earth. If we look at the countries where the cost of real-estate to income is the highest on the face of the earth, we Argentina, and China, as well as some we do not, such as Ghana, Iran, and Cambodia.
From Shanghai to Silicon Valley, from Miami to Monaco, the innovation of PropTech impacts us all. Therefore, we have composed the 2023 PropTech Barometer to speak to the widest audience possible, from industry leaders, students, and government officials to the general public.