The Future of Real Estate: Capsule Lodging

The Future of Real Estate: Capsule Lodging

As the population of the world rapidly grows, while the real estate in the world stays the same and possibly diminishes if there is any truth to the concerns of global warming, the challenge of finding room to house all of these people presents itself.

Not only is there a limit to the available land, but there is a concern about being able to keep the air, the water, and the land free of harmful pollutants.

Many areas have implemented smart growth initiatives, which are efforts at increasing the population density in certain areas where public utilities can best be managed for larger groups of people as compared to urban sprawl which has tendencies to increase pollution and costs substantially more to provide the same services to all of the people.

In some regions of the world where the population density is high throughout the land, innovative ways have been designed and implemented to account for this concern.

Areas such as Japan and Hong Kong are using "Capsule Lodging" to limit the space which is used by any individual person.

These capsules are arranged side by side and stacked, at least, two units high, similar to many condominiums.

Modern conveniences are provided such as air conditioning and heat, television, and internet service. The washrooms are communal.

Imagine how much space could be saved in a 4 bedroom house if it used these capsules instead of copiously sized bedrooms.

The smaller size of these units provides an added benefit in that it is easier to make them strong enough to withstand natural disasters such as earthquakes, hurricanes, or tsunamis.

The lower cost of these living quarters could make it possible to eliminate homelessness.

It could bring the cost of housing down below that of the average automobile. Mortgages would be a thing of the past. Words and terms such as foreclosure, short sale, deed in lieu, and the like would eventually fall into the category of archaic.