November 06, 2007

Architecture? Real Estate! (3)

condo2-m2
data from Trend 10/2007 (Austrian business magazine)

Usually real estate isn’t a big topic in architects’ education, however, architect should be aware of the value of their work. Especially how to deal with non architecture related circumstances causing a serious impact to a project (and that's basically location).

Surprisingly the growing economies still have low housing prices compared to hot-spots in London and New York. Anyway, it’s still far from social housing.