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

Pinnick: NFF will focus hard on qualifiers, others in 2020


first_imgRelatedPosts Ministry reads riot act to NFA, Clubs over resumption of league Nigeria plan Cote d’Ivoire, Tunisia friendlies Super Eagles to unveil new Nike jersey in Portugal The hard focus of the Nigeria Football Federation in the year 2020 will be on the various qualifying matches for major competitions as well as youth and grassroots development programmes, according to the President of the NFF, Amaju Melvin Pinnick. Pinnick made it known on Tuesday that the football-governing body will set much store by the qualifying campaigns of the Super Eagles for the 2022 FIFA World Cup and 2021 Africa Cup of Nations, as well as the qualifiers of the Super Falcons for the 12th edition of the Women Africa Cup of Nations, and those of the U17 girls and U20 girls for their different FIFA World Cup finals. He said: “We are also determined to concentrate much effort and resources on youth development programmes, including but not limited to the NFF/Zenith Bank Future Eagles Programme. “It is important that we continue to churn out quality talents and work hard to nurture them to excellent products who will then fit into the age-grade National Teams and bring honour to the nation at various championships. “As we have made known, teams representing Nigeria in international matches and competitions will be told in no uncertain terms that they are expected to win, not just participate. “The era of simply being there to participate is long gone.” The draw for the qualifying campaign of the 2022 FIFA World Cup finals will be conducted in Egypt in January 2020, with 10 groups of four teams each that will produce only the winner from each group advancing to a fierce, five home-and-away battles which will eventually produce Africa’s flagbearers in Qatar. Already, the Super Eagles are in command of their pool in the qualifying race for the 33rd Africa Cup of Nations finals in year 2021, with two wins out of two against Benin Republic and Lesotho last month. Second-placed Benin Republic are three points adrift, with the race set to resume in August 2020. Nigeria took the bronze medals after finishing third among the 24 participating teams in the biggest-ever Africa Cup of Nations in Egypt this year summer. Nine-time African champions, Super Falcons, also have a qualifying round to negotiate before heading to the finals of the Women Africa Cup of Nations to defend the crown they taken consecutively between 2014 and 2018. The U20 girls, Falconets and the U17 girls, Flamingos have qualifying matches for their different FIFA World Cup competitions already set. The 2020 FIFA U20 Women’s World Cup finals will be co-hosted by Costa Rica and Panama, while India will host the FIFA U17 Women’s World Cup finals.— Dotun OladipoTags: Amaju PinnickNFFZenith Bank Future Eagles Programmelast_img read more

Denmark to enforce new Code of Conduct seeking highest industry standards


first_img Submit Spillemyndigheden, the Danish Gambling Authority ,has announced that national stakeholders have agreed on new responsibility provisions, measures and adjustments to be attached to the Danish Gambling Act.A political agreement has been approved which will see Spillemyndigheden enforce a new ‘Code of Conduct’ for all licensed gambling incumbents to adhere to, beginning 1 July 2019.Denmark’s new code seeks to establish a definitive benchmark on gambling industry practices, with regards to advertising, reducing problem gambling harms, combined with comprehensive consumer protections.On advertising, the new code will enforce operator limits on TV adverts, with all gambling marketing forced to display under-age warnings. Furthermore, gambling TV adverts will not be broadcast on the same ad-slots as payday loans or credit services.Licensed Danish online gambling operators must also have the capabilities to switch off digital marketing campaigns that may be deemed to have advertised to younger audiences.Protecting consumers, the Code requires Danish incumbents to show full transparency on customer promotions and incentives, with the authority further requiring operators and games developers to service customer warnings on game time and wagering habits.The enforcement of the code by online gambling incumbents will be monitored by the Danish Online Gambling Association (DOGA). Whilst licence holders in the area of gaming machines will be monitored by the Dansk Automat Brancheforening (Danish gaming machine industry association) and land-based casino by the  Dansk Kasinoforening (Danish Casino Association). Share Related Articles Share Spillemyndigheden reports decline in Q2 betting August 25, 2020 Altenar: Supporting expansion plans in Denmark and Portugal August 20, 2020 StumbleUpon Danish gambling prepares for MitID launch June 26, 2020last_img read more