Is this the future of property?

first_imgJack Dixon of Dixon Family Estate Agents has laid our his thoughts on the future of property. Photo: Tara Croser.You wouldn’t usually imagine property professionals as shawl-covered gypsy soothsayer gazing deeply into their crystal balls so as to seek answers on what lies ahead for their industry.But Brisbane’s Dixon Family Estate Agents principal, Jack Dixon, took some thinking time and came up with some thoughts on the future of residential real estate.Mr Dixon highlighted six ways in which property dealings will be flipped on their head in the future. MAIN ROAD PROPERTY TO BECOME MORE VALUABLE Traditionally, buyers won’t touch a main road position with a 10-foot pole, but Mr Dixon said that attitude will change over the next decade.He said houses on major arterial roads currently suffer a 35 to 40 per cent discount on similar properties in quiet suburban streets, but the gap is sure to tighten.“Technology and transport innovations could eliminate that discount,” he said. “As we see more and more electric cars on the road, noise and pollution will significantly reduce.“Other trends will also contribute to making major roads quieter and safer, for example there will be fewer trucks thanks to freight innovations, deliveries made by drones, and a preference for local produce with low ‘road miles’.” HOUSES AS A STATUS SYMBOL Mr Dixon said current discussions around housing affordable show we are close to a future where only the well-heeled will be able to buy a free-standing home.“Cities will grow up, not out, as resistance mounts to urban sprawl,” Mr Dixon said.He believed a drive to reduce our environmental footprint and living costs will result in higher densities near the city rather than promote further city-fringe growth.“As a consequence, land in urban areas will be more and more prized. I can see a day when the younger and less affluent people in society live in high-density units, and only the most wealthy will be able to afford to retain their own patch of land and a house.” TECHNOLOGY IS THE FRIEND OF ACREAGE Mr Dixon believed technological advancement will make it easier to maintain large acreage home sites.“In recent years, we’ve seen the acreage market soften because people are just so busy these days that they don’t want or can’t manage the high maintenance demands that come with big properties,” he said.Mr Dixon said tasks such as cleaning and mowing will become automated.“…so the elite in society will again want to enjoy acreage living, free from menial demands,” he said.“Other innovations will make it even more practical and desirable. Self-drive cars to deliver children to school, drones to get the shopping, the ability to work from home; with no worries about traffic congestion and commuting, acreage properties will become more and more coveted.” FLEXIBLE HOMES More of us will be working from home in the future, said Dixon, and this will not only see some workers leave behind the strain of the daily commute, but they’ll’ also enjoy the opportunity to have flexible working hours.“That means our homes will have to become much more flexible, especially as space increasingly commands a premium,” Mr Dixon said.More from newsMould, age, not enough to stop 17 bidders fighting for this home4 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor4 hours ago“I love the idea Samsung floated in their Future Living Report, where our home will be able to adapt to our needs, being constantly reconfigured and rearranged to accommodate different purposes.“They imagined walls and floors able to change shape and size quickly, and virtual decorations altering to suit changing tastes and moods. Screens and computer displays can form and disappear in any room, as needed, so your bedroom might become your office in the daytime, lounge in the evening, and then revert to sleeping quarters.” CROWDED HOUSE Mr Dixon agreed with an opinion that the combination of improved medical technology which helps maintain our ageing population, plus a lack of housing affordability for the young, will see homes become multi-generational in Australia“This concept, common in European society, is likely to become more familiar here for a number of reasons,” Dixon said.“It will also be a consequence of the space and affordability issues I mentioned earlier.“Individuals and couples may no longer be able to afford a stand-alone house, but multiple generations could, so houses will change and expand to suit a variety of cohabitation models.” THE END OF THE AGENT Mr Dixon said even his profession isn’t immune from future changes with advancing digital development possibly consigning real estate agents to the scrapheap.“Virtual reality is already very advanced,” Dixon said. “Virtual touring of properties will become the norm, rather than the exception.“You’ll be able to very realistically walk through and experience properties remotely, even those that may not yet exist.”He said this could result in doing away with the traditional role of the real estate agent.“Only time will tell. But, while I fully expect virtual inspections to become commonplace, I believe there can be no match for professional experience and personal service and these remain the all-important ingredients an agent brings to a successful transaction.”Nice save Mr Dixon 🙂 Follow Kieran Clair on twitter at @kieranclairlast_img read more

Dominican fishermen benefitting from filling stations

first_imgLocalNews Dominican fishermen benefitting from filling stations by: – April 2, 2012 18 Views   no discussions Parliamentary representative for the Portsmouth constituency Ian Douglas alongside Her Excellency Carmen Martinez de Grijalva with members of PDV Caribe, Portsmouth Fisheries Cooperative and other members of the diplomatic mission at the Portsmouth Filling Station last week.Dominican fishermen are said to be benefitting from five filling stations which were constructed by Petro Caribe under the ALBA Fund in various fishing communities.Sales and Marketing Leader at PDV Caribe Dominica Limited Ian Pinard reported during a diplomatic mission last week that five have been erected out of the 10 which were approved.“We realize that what we can do to make fishing easier for the fishermen is to build filling stations all over Dominica and we have now approved ten filling stations. Five of them are in use right now in Marigot, Sans Sauver, Fond St. Jean, Portsmouth and Roseau. One is now under construction in Scotts Head and four more will be erected”. He also reported that his organization is “very, very happy” with the completed filling stations as they have relieved the fishermen of travelling long distances for fuel. “We are very, very happy because so far the 5 filling stations are working very, very well. The fishermen are very happy because what they have realized now is that they don’t have to spend one day going 5, 10, even 30 miles to get fuel; the fuel is right next to them so when they are ready to fish they come, get their fuel and go out”. According to Pinard, his company also created a rebate system which they advise the fisheries cooperatives across the island to implement so that the fishermen can benefit from.The fuel is being sold to the fisheries cooperatives at wholesale price and then at retail price to the fishermen.That rebate system he explained will give every fisherman $0.50 on every gallon of fuel purchased. “We have made a recommendation to all the cooperatives that they can use this rebate to create a social security pension fund for the fishermen so that when they retire they can get benefits. If their equipments have problems they can use it to repair their equipment and also if they have problems in terms of their families they can also assist”.He said so far the cooperatives have implemented the fund and are also offering a bonus to their members at the end of the year.Meanwhile Parliamentary Representative for the Portsmouth Constituency Ian Douglas described the filling station project as “another example of the tangible benefits” stemming from the “friendly relations” which exists between the governments of Dominica and Venezuela.A relationship he said “is proving to be of benefit to the grassroots people of Dominica”. He explained that the newly created St John’s Fisherfolk Cooperative in Portsmouth, one of the largest on the island, “has been handed over to the fishermen and will empower the fishermen and make them masters of their own destiny”.He further stated that yachters who come to Portsmouth can source their fuel from the St. John’s Fisherfolk Cooperative and provide another source of income.Dominica Vibes News Sharing is caring! Tweetcenter_img Share Share Sharelast_img read more