Originally Posted by
081828
With technology ever improving and disrupting existing business models and industries, will it eventually erode the many advantages of real estate (e.g. location , location, location)?
For example, can see e-commerce is gaining traction. Even capitamalls is taking notice of this threat.
Groceries/food can be ordered online and delivered right to your door step. More companies putting in place flexi work arrangements, with technology as a key enabler. The young is tech savvy and willing to embrace new technologies. Will telework take off in a big way that people no longer have to travel to office for work and be able to work from their homes in any location/country?
It already has. I have written in length before the effects on how technology influences sizes of units. The space required for new generation is very different. Hard to accept for old schoolers though.
The three laws of Kelonguni:
Where there is kelong, there is guni.
No kelong no guni.
More kelong = more guni.