7a: Testing the Hypothesis, Part 1
Opportunity
Identified: Commercial Real Estate Investors are having to revise previous
fundamental criteria such as public transit and infrastructure access points when
developing properties nationwide due to climate change and rising sea levels.
Who: Commercial
Real Estate Investors
What: Revising
previous fundamental criteria such as public transit and infrastructure access
points
Why: Climate
change and rising sea levels
Testing
the Who: Commercial
Real Estate Investors are obviously affected because this is how they make
their livelihood, but also most Americans tend to be affected because these new
building plans that are going up affect their daily lives.
Testing
the What: The
boundaries of the need include how cities that are bounded on one side by water
are affected more than land locked cities.
Testing
the Why: The need here
is strictly rooted in the climate change and how our world is evolving; due to
this industrial infrastructure needs to innovate as well to keep up with our
changing world.
Interview
#1: *Ask him about the opportunity identified and how they view this and how it
can vary*
-
The
feedback I received was that they completely agreed with how our Climate is
changing and how small changes should be made to coastal towns but that cities
that are landlocked should not view this opportunity at all because it doesn’t
affect them. There was nothing new about this interview that I didn’t know
before.
Interview
#2: * Ask her about the opportunity identified and how they view this and how
it can vary*
-
The
feedback I received from this environment studies major was that by 2100 the Atlantic
and Pacific Ocean waters are supposed to rise 14 inches. If this is true, then the
coastal towns would be in danger and would have to revise their infrastructure
plans in advance to deter this epic climate change. I however did not know
these facts before.
Interview
#3: * Ask him about the opportunity identified and how they view this and how
it can vary*
-
The
feedback I received from a third person was that they don’t believe climate
change is a real thing and that they believe it’s strictly governmental propaganda.
Because of these factors depicted they believed that the infrastructure would
not need to be replaced or changed at all. There was nothing new I learned from
this interview.
Interview
#4: * Ask him about the opportunity identified and how they view this and how
it can vary*
-
The
feedback I received from a fourth person was that they did believe in climate
change and that how every year our planet is getting hotter and hotter; the water
levels are rising and this is going to affect more industries than just Commercial
Real Estate professionals in our world. There was nothing new I learned from
this interview.
Interview
#5: * Ask her about the opportunity identified and how they view this and how
it can vary*
-
The
feedback I received from a fifth person was that other countries in our world
such as China and England have already started infrastructure changes to their
main buildings on the coast due to these environment changes that are occurring.
The US is behind on these changes and needs to catch up if they still want to
be considered a world power in future generations. I learned from this
interview how other countries have already started to implement ways to
counteract climate change.
Hey Evan! I like your opportunity with real estate investors having to revise previous fundamental criteria such as public transit and infrastructure. This really does affect Americans because of all of the new building plans that continue to keep going up. I can see how houses on the water are affected more than ones in landlocked cities.
ReplyDeleteHi Evan! I think your opportunity about real estate investors having to revise previous fundamental criteria is really interesting. I don’t know much about the subject, but I am aware of the debate about whether or not global warming exists, and if China and England have already started infrastructure changes to buildings on the coast, then I think the need is very real and should be worked on now so damages could be avoided in the future. I also think it’s a complex problem because of the debate about the existence of global warming since it pits science against people’s beliefs, which can either agree or conflict with each other.
ReplyDeleteHey Evan!
ReplyDeleteI was really intrigued in your post when you decided to discuss commercial real estate investors. My family is very experienced in the real estate field, so we also run into similar problems with purchasing real estate as a non-commercial investor. I thought that your post was great because it also intertwined the ideas of climate change and/or the rise in sea levels. This has been a serious issue as time progresses due to the number of hurricanes that Florida receives each and every year. Overall, I think you did great on this week’s post!