How to invest in real estate that works

A new research paper published in the journal PLOS ONE looks at how cities are responding to the impact of real estate prices. 

According to the paper, real estate has become an increasingly important component of city life, with an estimated 2.5 billion people in urban areas. 

For most people, housing is not only a basic need, but also a source of social mobility. 

“In the past, housing was seen as a barrier to mobility and therefore the government took a very hard line on urban planning,” says lead author Andrea Gennaro. 

She is an associate professor of urban studies at the University of Arizona.

Gennaro says there is a growing consensus among academics that cities need to think about how they can make cities more accessible to all. 

In order to be able to move around in cities, cities need access to resources like transport, power and water, she explains. 

This requires that cities can make sure that they have resources for all citizens to get to and from their jobs, she says. 

While many cities are planning to reduce their reliance on fossil fuels, Gennato says there needs to be a rethink about how these resources are managed. 

And while some cities are looking to develop more efficient ways to transport and distribute these resources, she adds that some cities have already taken a hard line against the use of fossil fuels in urban planning.

“A lot of cities have had to do something very difficult in order to get on the same page with the science,” Gennario says.

 “We can’t just do it, we have to change the way we do it.

We have to make cities accessible for all.”

Follow up research on how to invest into real estate from this paper will also be published in PLOS One on October 10. 

Read more from Next Big Futures: http://nextbigfuture.com/articles/real-estate-investment-on-the-rise-in-americas/