Ulbrich on Global Real Estate: Affordability, Automation & Competition
Update: 2025-11-12
Description
In this Fortune Leadership Next podcast, Christian Ulbrich, Global CEO of JLL, discusses the global affordability crisis in cities, the impact of Zohran Mamdanis election in New York, and Europes competition with the US, China, and India. Ulbrich shares a personal story of prioritizing morals over a lucrative job. He highlights the challenge of affordable living in major cities, noting that while New York benefits from global attention, it also faces high living expenses. Ulbrich emphasizes the need for a multi-faceted approach to affordability, citing Viennas success with subsidized communal housing. He observes Europes struggle in real estate activity, the USs growth opportunity, and Indias impressive development in tech jobs. Ulbrich predicts a future of highly automated, data-driven buildings, offering efficiency and cost reduction, but also raising privacy concerns.
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