Value and mobility

The technological advance and the development of the IT industry, with everything that it means, make young persons of this generation more and more mobile, with other types of expectation regarding the purchase of a new home. The change in behaviour of the new generation can be best noticed in Romania’s biggest cities, such as Bucharest, Cluj or Timisoara, in the urban agglomeration with more than 300.000 inhabitants that will grow to one million. In this kind of metropoles, besides the expression according to which the value of a property is given by the location, location, location, mobility will also play a very big role. In the following years it will count a lot how fast you can get from your home to work or to recreational places, since the new generation sets great value on the spare time, on the time available outside of the working hours.

All of Romania’s big cities are almost suffocated due to the lack of vision of their administrators, of their city halls and local councils. I do not think that there is a city in Romania that has a long-term development strategy, of improving the life quality of the communities. The lack of infrastructure and the long time they are obligated to spend in traffic are aspects that will count a lot for the new generation, that has very different pretentions regarding the quality of life and want to take maximum advantage of the spare time.

Most urban agglomerations can have a fast development if the authorities will take into account the growing need for mobility. Otherwise, these young people, that do not own important assets shall relocate in areas where the infrastructure will give them the possibility to go from one place to another in a reasonable time. The urban areas toward which the new representatives of the generation will migrate, attracted by a better quality of life shall be advantaged compared to those where the local authorities did not manage to solve the mobility problem. In order to solve this shortcoming an analysis and a strategic plan elaborated by specialized consultants are necessary, so that within the following 5-10 years, the mobility of the big urban agglomerations shall not be such an acute problem.

The new industries have people as main assets, and the young people will live and pay taxes in the big cities only as long as their quality of life will be in accordance with their demands. This is why, in the near future, besides the aspect of the location and that of the quality of the dwelling, the value of a property shall be more and more correlated with the time that we waste moving from one point of the city to the other.