Real estate and housing

Public companies

Private, mutual, nonprofit and state

Solutions in this sector

• Paying a housing premium for a school districtChildhood
• Roommates and room-share platformsEarly adulthood
• Roommate matching and agreementsEarly adulthood
• Student housingEarly adulthood
• Rental housingHousehold formation
• Home inspectionHousehold formation
• Property listing platformsHousehold formation
• Real estate brokerageHousehold formation
• Moving servicesHousehold formation
• Truck rentalHousehold formation
• Self-storageHousehold formation
• Suburban housing developmentParenthood
• Home renovationMidlife
• DownsizingLate career
• Age-restricted communitiesLate career
• Retirement communitiesRetirement
• Ageing-in-place home modificationsRetirement
• Relocating for tax, climate, or familyRetirement

Trends reshaping it

• Ageing populations and the longevity economyAlready large; the question is how it resolves, not whether it happens.
• Housing affordability crisisAlready large; the question is how it resolves, not whether it happens.
• Climate risk and the insurance retreatCompounding now. Evidence is visible in company results and data.
• Remote and hybrid workAlready large; the question is how it resolves, not whether it happens.
• Care moves homeCompounding now. Evidence is visible in company results and data.
• Immigration restriction and labour scarcityDirection genuinely disputed. Reasonable people expect opposite outcomes.
• Fiscal dominance and the term premiumDirection genuinely disputed. Reasonable people expect opposite outcomes.
• The retirement savings gap and pension reformAlready large; the question is how it resolves, not whether it happens.
• Water scarcity and food securityReal but not yet at scale. The effects described are expected rather than observed.
• Living aloneAlready large; the question is how it resolves, not whether it happens.
• Home electrification and the prosumer gridCompounding now. Evidence is visible in company results and data.
• Office conversion and the reshaping of citiesCompounding now. Evidence is visible in company results and data.
• Multigenerational and co-living householdsCompounding now. Evidence is visible in company results and data.
• Build-to-rent and institutional ownership of homesCompounding now. Evidence is visible in company results and data.
• Modular, printed, and automated constructionReal but not yet at scale. The effects described are expected rather than observed.

Market factors that move it most

• FOMC rate decisionTier 1
• Bank failures and systemic stressTier 1
• Shelter and rent inflationTier 2
• Housing starts and permitsTier 2
• Existing and new home salesTier 2
• Home pricesTier 2
• Mortgage rates and applicationsTier 2
• Hurricanes, wildfires, and natural disastersTier 2
• Commercial real estate and office loansTier 2
• Birth rates and household formationTier 3
• Homeowners insurance availability and costTier 2
• Homebuilder sentiment and pending home salesTier 3
• Market rent indicesTier 3
• Mortgage delinquency and foreclosureTier 3
• Steel, aluminium, and lumber prices under tariffsTier 3