Updated: Aug 14, 2020
How much time have you been spending at home lately?
If you’re like most of us, your answer is probably “much more time than I usually do.” Between quarantine, social distancing, restaurant and shop closures and increased remote work implementations, most South Africans have been spending more time at home than ever before.
Pre-COVID-19, the real estate industry had been experiencing an increased demand for smart cities and green real estate. However, since the pandemic, these demands have only been increasing. Spending more time at home has allowed us to look further into the future and prepare.
What does the future look like?
Coronavirus has shown us that fully or partially remote work is not just a trend- it’s a productive and viable alternative. I myself have been working from home for the past few years while running my real estate investment company and it’s become my normal!
Now more than ever, people are looking for homes that are all-inclusive and economically friendly. We don’t just want somewhere to have Sunday lunch and sleep after work. We want homes that can serve as both comfortable and productive workplaces and tranquil relaxation spots. We want properties that come with built-in smart devices- like HVAC control- but that also leave the smallest carbon footprint. We want energy-efficient lighting, eco-friendly paints and energy-efficient appliances.
Not only do we want environmentally-friendly and technologically-advanced real estate, but we also want it to be affordable. These demands have and will continue to drastically impact the South African real estate industry. These forward-thinking trends need to be both developed and implemented quickly while staying affordable for working-class South Africans.
But is that possible?
Absolutely. In 2019, South Africa spent over R430.2 billion on construction works and the sector employed more than 8% of the labour force. However, these numbers are expected to increase this year. The country’s construction industry is expected to be worth R100 billion by 2024- due in part to its ability to quickly and efficiently construct smart and green buildings.
There are several countries paving the way when it comes to sustainable real estate and Spain is one of them. Spain, recently named one of the top 10 countries with the most sustainable buildings, has seen green real estate save tenants between 30-70% on their energy bills and 40% on their water bills. Not to mention green homes have a 10% higher appraisal rate.
Smart homes and green real estate are just two of many 2020 real estate industry trends. To keep up to date with South Africa’s real estate industry, take a look at my blog. If you are interested in learning more about how to invest in real estate with no money down, download my FREE ebook! For those ready to take the plunge into real estate investing, I currently offer 1:1 consultations and would be happy to answer all of your real estate-related questions.
Calling all real estate investors and those interested in investing! From 28th September-1st October, I will be hosting a virtual summit on the digitalisation of real estate. The top 20 proptech companies in South Africa will be coming together to teach on how to digitalise your real estate investments in the midst of a pandemic. This virtual event will be hosted every day from 9am-12pm. Spots will be limited so be sure to pre-book before August 30!
If you’re ready to take the next step in your real estate investment journey, I would love to help. I have created a no-nonsense course that can help you go from beginner to profitable real estate investor in the next 90 days. Click HERE to find out more!
Interested in learning about how to invest in real estate with no money down? Grab your copy of my ebook How to Invest in Real Estate with No Money HERE! I am giving it away for FREE! In it, I reveal my proven strategy to building wealth through real estate investment without spending my own money. This strategy includes several of the income streams I created without paying any money down.
And don’t forget to Register for this Thursday’s Livestream, so you can get your Real Estate questions answered.
So- are you ready to start building wealth through real estate? If the answer is “yes,” then it’s time you followed these steps:
1. Register for my upcoming live stream
2. Download my ebook
3. Join our Program
4. Watch our previous Live Stream on the YouTube Channel.
5. Join our Facebook Community to plug into a mastermind of like-minded individuals.
6. Book a FREE Mentorship Call with me