Standard Real Estate for Working & Living Flashcards
How has residential real estate evolved historically?
- transition from sedentary nomads to agriculture
- separation of living and working
- emergence of privacy as a core feature
- development of a housing market in the 19th century
- urban living characterized by stacked living and dictated density
What are modern influences on housing culture?
- social developments, technological advancements, and changing lifestyles
- dominant themes: efficiency, sufficieny, consistency
What are common typologies in residential real estate?
stacked living: multi-loader layouts, comb designs (e.g. townhouses, row houses)
What is the significance of efficient floor planning?
- maximizes space utility while minimizing waste
- considers standardized definitions (SIA 416) for area calculations
What are the current challenges in Switzerland’s housing market?
- uneven supply-demand dynamics in good locations
- faster price growth for condominiums than single-family homes
- pension funds must invest no matter the price (due to regulations) -> killing the market
- not much building because of too strict/many regulations, zoning, Einsprachen etc.
What are the three factors influencing sustainability of buildings in particular?
- density (D)
- mobility (M)
- construction (C)
=> DMC index shows how sustainable a property is and room for improvement
What are the 5 types of density?
- building density (FAR, e.g. around Bellevue almost 3)
- people density
- emotional density (e.g. in Ticino everything is beautiful, palm trees, good feeling etc.)
- cultural density
What are the three factors influencing sustainability of communities in particular?
- density (D)
- mobility (M)
- mixed use (U)
=> DMC index shows sustainability of community and improvement potential
What are the three sustainability strategies?
- efficiency: minimizing resource use
- sufficiency: avoiding overconsumption
- consistency: using green technologies that align with ecosystems (e.g. solar roof)
Examples of densified housing designs?
- point houses: minimal visibility into private areas
- long houses and row houses: compact yet functional layouts
What megatrends are influencing urban living?
- demographic shifts (aging population)
- increased individualization and flexibility in lifestyles
- rise of connectivity, automation, and big data usage
What changes are expected in workspaces?
- increased use of coworking spaces
- emphasis on health, sustainability, and work-life balance
- trends like walking-friendly designs and decentralized offices
What are challenges in office real estate?
- volatility tied to economic cycles
- high-yield opportunities lead to overproduction
What risks do developers face in residential real estate?
- planning without target groups
- overcapacity in “B” locations with lower demand
- no market potential in “C” locations
- low returns in “A” locations because of low risks
What is the value of mixed-use communities?
- combines residential, commercial, and recreational spaces
- reduces commuting times and enhances urban efficiency