Why is the real estate market so difficult to disrupt?
The real estate market is difficult to disrupt due to its complexity and the need for trust. Many aspects of the real estate market are difficult to change, such as the need for physical infrastructure and the difficulty of creating a marketplace that is both reliable and secure. Furthermore, the real estate market requires trust that is difficult to replicate online. Additionally, there is a high barrier to entry due to the need for capital, expertise, and legal and regulatory knowledge. Finally, the real estate market is highly localized, making it difficult to scale. All of these factors make it difficult to disrupt the real estate market.