Disruptors.

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Disruptors.

During the “Legends” panel discussion I was asked “What are things that concern you about the market today?”

Here are a few of what I see as potential disruptors to the economy and the industry.

  1. Uncertainty – It’s not business as usual. We could see big shifts in financial markets & fed policy. We still have no idea if there will be big tax changes. We are in for continued volatility and surprises.
  2. Adapting for Technology – 3d printing, Airbnb, data centers, robots???
  3. Demographic shifts and preferences – An aging population and younger workers. In 2015 Millenials surpassed the number of Boomers.
  4. Our ability to adapt to Globalization (or de-Globalization??) and Geopolitical Risk – The risks grow daily. North Korea may seem the biggest wildcard, but tensions also mount with Mexico, China, and Russia. Immigration reform, including EB-5 program, is a huge potential disruptor.

EY’s Global real estate, hospitality and construction group published a more in-depth article about disruptive forces if you want to dive deeper into the subject.

http://www.ey.com/gl/en/industries/real-estate/ey-disruptive-forces-shaping-the-real-estate-sector

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