Find Quote by Scott McGillivray
“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.”
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.
Embrace tech-driven market shifts.
Themes
Mood
Type
When to use this quote
- real estate investment
- property management
- startup strategy
- marketing planning
Key Concepts
Questions to Reflect On
- How can investors identify sustainable tech-driven niches?
- What risks arise from over-reliance on platform models?
New markets may be volatile and require rapid adaptation.