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Will Modular Construction Be the Disruptor?

Panelists at RealShare Apartments Tuesday morning discusses disruptors in the industry like Artificial Intelligence, Prop 10 and more, noting that with the rising cost of construction, modular helps, but the problem is scale.

When the topic of disruption arises we often hear; smart homes will soon be the norm, more people than ever are connected via the Internet of Things, and Artificial Intelligence will disrupt the way we live, work and play. That was exactly what we heard from RealShare Apartments’ Tuesday morning opening session: Mega Trends and Large Scale Disruption Affection Multifamily. The session also examined major disruptors from political measures like proposition 10, 13, the Elis Act, and trade wars.

Moderated by Kitty Wallace, EVP of Colliers International, the first question was the topic of Prop 10, what the outcome might be (likely a no said panelists) and how we got here.

Richard Green, director and chair of the USC Lusk Center for Real Estate Chair and Department of Policy Analysis and Real Estate, said that it came about because people are frustrated because their rents are rising faster than their incomes. “Prop 10 reflects a lashing out…people are angered about the rent they are paying.”

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Natalie Dolce

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.

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