I was a bit shocked when I learned that reinforced concrete only has a lifespan of about 100 years. That means that if you buy a condo in a building built in the 1970s, the building will become unsafe and need to be demolished in your life time. I don't know if people are pricing this consideration.
It also means there will be pretty much nothing left of our architecture, all those appartments, offices, museums, bridges, will all need to be destroyed and rebuilt. Not that modern architecture is really worth preserving. But it feels the only thing our era will leave behind is financial debt and bits in the cloud!
It also means there will be pretty much nothing left of our architecture, all those appartments, offices, museums, bridges, will all need to be destroyed and rebuilt. Not that modern architecture is really worth preserving. But it feels the only thing our era will leave behind is financial debt and bits in the cloud!