Yes AGI will push global city real estate even higher, and especially prime neighbourhoods (West Village, Notting Hill, Soho, Paris intramuros etc)
People thought WFH would kill expensive cities because you could finally "work from anywhere"
But that removes the constraint, not the preference
Millions of people who used to be tied to wherever their job happened to be can increasingly choose where they actually want to live, and turns out a lot of them want the same few neighbourhoods with beautiful streets, cafes, parks, good gyms, restaurants, friends nearby, attractive people, random things happening all the time
A rich Korean, Romanian, Peruvian, etc is no longer forced to live where his employer happens to be, now they can all bid for the same 20 neighbourhoods on earth
Also don't think the future elite becomes less online at all, if anything the opposite
You spend 10 hours online making money / consuming information / talking to people on the other side of the world, of course you're going to pay even more to make the few hours where you close the laptop actually fucking good
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Technology like this makes me even more bullish on tier 1 global city real estate.
The internet is about to be ABSOLUTELY NUKED by all this AI garbage on the internet, including realistic rendered AI companions that sadly a lot of lonely and isolated people will become addicted too.
There's going to be a huge counterelite movement against being terminally online, against spending all this time around this fake bot world,
so the demand to live in the best and most central neighborhoods in the biggest and best cities on the planet? They're going to SOAR.
Places like Central Tokyo, Bangkok, Manhattan + Brooklyn, Zone 1/2 London, Paris's best Arrondissements,
they're all going to feel like charged up fun and hot college campuses. The premium to be there will be even HIGHER.
The 2030s will probably be the most fun decade to ever be in a city.
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