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.

Comments

  1. 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.

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  2. Hi 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.

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  3. Hey Evan!
    I 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!

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