It’s funny how quickly things can change. I took some time over the past weekend to read through some of the articles that I published last year. The topics that I covered varied from article to article, but the underlying theme was consistent. It was high times in the PropTech industry. Record amounts of funding were being deployed throughout the Real Estate ecosystem. Valuations were sky high, yet somehow they kept going up. Companies were going public (often through SPACs) at valuations that seemed detached from reality, but since the pace only continued to accelerate, I started to believe that this new reality was here to stay for the long term. Mortgage rates remained near historic lows, homes were selling over asking price within days, commercial landlords were investing heavily in tech to lure people back to the office. ESG initiatives finally started to get the proper attention and resources that it deserved. Interesting and innovative new technology solutions and business models were being launched, and the world was finally giving PropTech the respect and attention that we as an industry had been craving. The wind was at our backs, and life was good. And then everything stopped.