The property and urban life landscapes have undergone significant transformations in recent years. As we move forward into 2023, it’s clear that these changes are going to continue as we see major economic shifts sparking change in urban life.
Around the world, people are re-evaluating their priorities. They’re reducing their spending and making big adjustments to their lifestyles.
While many are predicting an economic downturn in 2023, there’s huge potential for change during this time. But there’s much to be optimistic about. There’s a big opportunity for change.
Neighbourlytics Founding Director and Urban Life expert, Lucinda Hartley, shares her forecast for the Top 5 Urban Life Trends in 2023.
Using behavioural big data to understand urban life trends
The Neighbourlytics platform provides property developers with the chance to anticipate potential issues and identify opportunities in neighbourhoods for the upcoming year. This information can aid in property leaders’ decision-making process, enabling them to construct sustainable assets while addressing current obstacles and forecasting future changes.
If you have access to real-time data sets that highlight lifestyle, behavioural change and the “what” that is happening within neighbourhoods right now, then an economic downturn can present opportunity and highlight potential new areas for growth.
