Virtual reality, a technology that most associate with gaming, entertainment and dystopic warnings from sci-fi writers including Ray Bradbury and Neal Stephenson, has moved into the real estate world in a big way. — The Guardian
With increasing frustration of penthouse shoppers reaching an immeasurable high, a novel application of new technology has been making a splash in the real estate market. Virtual reality has become the go-to tool for allowing real estate investors the opportunity to see precisely what they are paying for, before paying for it.
Developers and Architects had already begun to use virtual reality as a means to understand ongoing projects, specification questions or operational processes but now this medium of spatial exploration has reached the ultimate audience, the potential inhabitant/client.
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