ARTICLE · 20 JANUARY 2020

PropTech: Housing

DAC Beachcroft LLP

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In this brief viewpoint we consider how technology will disrupt the residential sector, right across the value chain, creating new business models and new partnerships.

GlobalReal Estate and Construction

INTRODUCTION

In this brief viewpoint we consider how technology will disrupt the residential sector, right across the value chain, creating new business models and new partnerships.

The waves of change, particularly from digital technologies and platform models, that have ruptured banking, insurance, manufacturing, as well as earlier industries such as retail and the music industry, have so far had little impact on the real estate industry. As a result, it is not regarded as an especially innovative sector, with comparatively low R&D and labour productivity. The size of real estate markets hint at the potential for change and the resulting impact it could have, given the right combination of factors.

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