Abstract
Purpose
As smart technologies become an integral part of real estate in smart cities, the purpose of this paper is to explore the impact of ubiquitous computing on space users in smart real estate.
Design/methodology/approach
The analysis builds on two fields of knowledge rarely referenced in real estate studies: computer sciences and social sciences. The paper starts by analysing the idiosyncrasies of a new type of space user in smart real estate, known as the Cyber-dasein in reference to Heidegger’s phenomenology. The Cyber-dasein serves as an archetypical space user in smart environments.
Findings
The paper introduces digital-time as a new realm of real estate, and discusses the use of “experienced utility” in hedonic pricing models of smart real estate. It concludes by advocating a multidisciplinary collaborative approach for future research on real estate in smart environments.
Practical implications
There is a need for the real estate sector to decide on a metric for the new digital dimension of real estate owing to the implementation of smart technologies in the built environment.
Originality/value
This is the first research paper on this important topic. It is totally original and new.
Subject
General Economics, Econometrics and Finance,Finance,General Business, Management and Accounting,General Economics, Econometrics and Finance,Finance,General Business, Management and Accounting
Reference85 articles.
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2. Internet-of-things-based smart environments: state of the art, taxonomy, and open research challenges;IEEE Wireless Communications,2016
3. Boedeker, E. Jr (2005), “Phenomenology”, in Dreyfus, H. and Wrathall, M. (Eds), A Companion to Heidegger, Chapter 10, Blackwell Publishing, Malden, MA, pp. 156-172.
4. Bull, M. (2013), “The end of Flânerie”, in Ekman, U. (Ed.), Throughout, The MIT Press, Cambridge, MA, Chapter 6, pp. 151-162.
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