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“Technology has really created new markets. For instance, Airbnb has created a high demand for executive short-term and vacation properties. Even 10 years ago, it was hard to find tenants without newspaper ads.” quote by Scott McGillivray
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“Technology has really created new markets. For instance, Airbnb has created a high demand for executive short-term and vacation properties. Even 10 years ago, it was hard to find tenants without newspaper ads.”

Scott McGillivray

About This Quote

Source Article: Real Estate Investing Podcast, 2020

Technology can open entirely new market segments by reshaping how services are delivered and demanded.

In simple terms: Tech creates new markets.

Key Takeaway

Embrace tech-driven market shifts.

Themes

innovation market creation disruption real estate digital platforms

Mood

optimistic analytical

Type

strategic insightful

When to use this quote

  • real estate investment
  • property management
  • startup strategy
  • marketing planning

Key Concepts

network effects platform economics consumer behavior

Questions to Reflect On

  • How can investors identify sustainable tech-driven niches?
  • What risks arise from over-reliance on platform models?
A Different Perspective

New markets may be volatile and require rapid adaptation.

3.3 out of 5 (4 ratings)

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