Seeing the online future, the Blackstone Group, one of the largest private and alternative investment firms in the world, continues to buy up industrial warehouses across the U.S. and Europe.
They just closed one of the biggest private real-estate deals in history, paying $5.9 billion.
No more window shopping at brick-and-mortar storefronts. Warehouses are needed for retail goods bought online and delivered to your doorstep.
The future is in e-commerce.
TREND FORECAST: Housing prices are also climbing in Europe, at approximately 4 percent per year. As cities become too expensive to live in, our “Organic Growth Cities” trend, forecast in the July 2018 Trends Journal, will strengthen.
Just last year alone, tens of thousands of mostly Millennials and Gen X’ers moved from major cities, such as New York, Chicago, San Francisco, and Las Vegas, to the enduring, old-fashioned towns that once exemplified the hometown of the American Dream.
This will only intensify, particularly as crime rates rise when the “Great Depression” worsens and more people escape to safer-haven towns and cities.