(Featuring Tracy Loh, Fellow, Anne T. and Robert M. Bass Center for Transformative Placemaking, Brookings Institution)
So much has changed with the global COVID-19 pandemic, but the honest concern is, will real estate be ready to embrace a new change?
https://www.afire.org/podcast/real-estate-reset-2/
In this new episode of the AFIRE Podcast—the second of a two-part conversation—podcast host and AFIRE CEO Gunnar Branson sits down with Tracy Loh of the Brookings Institution, and co-author of Brookings' "The Great Real Estate Reset: A data-driven initiative to remake how and what we build," to explain the demographics of housing, its impact on the built environment, and how it's changing.
In order to create change in a major sector in the economy—one which constitutes 43% of all investment assets in the US—it is crucial to look at the fundamentals of the industry, and where they fit into the larger social context. Climate change, social unrest, and other emergent imbalances and crises indicate the need to “reset” the status quo. According to Loh, we must “think bigger about new policies that are more just and prioritize an economy that is more resilient.”
Listen on your favorite podcast service (Apple, Google, Spotify) for the full episode.