Founder and CEO at Hybr | Forbes 30 Under 30 | The Sunday Times Young Power List 2024
Hats off to Matthew Maltzoff for organising the 2nd year of the PropTech Conference last week - can't imagine how stressful those events must be to put together 💥 I really enjoyed moderating 'Seizing the Low Hanging Fruits to maximise PBSA Investment Value' & speaking on the panel 'How to Act on the Residential Market Trends Impacted by the Modern Consumer.' Key takeaways: 🙋♀️ We need accessible data across the Resi sector (as they have in Hospitality) across Single family housing, HMO, BTR, Co-living & PBSA to understand the supply breakdown on a city level, and compare that against the data on the renters in each city - what do they like/need, what can they afford & where do they want to live? 🙋♀️ The increasing cost of development and construction makes building affordable units near impossible 🙋♀️ So, until costs come down, we need to think creatively about how we can creatively use spaces & latest software to reduce rent increases YoY ie. using the latest integrated software (like Hybr & Fixflo) to replace large in-house teams to reduce staff costs, no-amenities on offer, more apartments instead of amenities, twin rooms, self-manage & self service housing (taking inspo from the US) as a way to introduce more affordable units Until the next Conference 👋
Carlo Benigni 🚢
3mo
Affordability is key and the current cost climate, the construction cost price inflation has put a dent in development business plans. Thinking creatively about design, development and how to operate is critical.
Harsh Johari
3mo
That's a great summary of the PropTech Conference! It's impressive that Matthew Maltzoff was able to organize such a successful event. Your insights on the residential market and the need for more data are valuable. Thanks for sharing your takeaways.
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3moThe latest intake of university students will absolutely be acutely aware of this. I was talking with one of my eldest's friends. He's off to uni next week and was grateful to have a room with an ensuite in halls. He's going to be working to pay for the privilege. Excellent work Hannah in highlighting the needs and opportunities.