Real estate prices have been soaring, making it challenging for many people to afford homes. However, the push for affordable housing has been gaining traction. More and more stakeholders believe that addressing the affordable housing crisis could not only meet urgent societal needs but also propel the growth of the real estate sector.

Affordable housing can attract a large pool of buyers, stimulate construction activities and create job opportunities — all of which contribute to the growth of the real estate market.

Additionally, more and more organizations and thought leaders affirm that housing is a basic human right, akin to clean water and food.

The demand for affordable housing drives not just social impact but also yields substantial investment opportunities. Experts believe with conviction that investing in affordable housing offers attractive financial returns, supported by stable cash flows, tax incentives and reduced vacancy rates.

Related: Property Tech Is Creating An Incredible Real Estate Opportunity for Entrepreneurs

Needs arise, and people increasingly require communities where they can collaborate seamlessly. This is where PropTech steps in. By integrating technology with real estate, PropTech companies enable easy access to community facilities, making neighborhood collaborations simpler and more inclusive.

The field of PropTech is expansive and constantly evolving. While many businesses are already making significant headway in this space, there remains ample room for new entrepreneurs to bring........

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