Location and a sense of place are important. Where a person comes from and where they are going matters—whether it is a neighborhood in Detroit or the suburbs of Johannesburg. Buildings, streets, bridges and cities are inseparably entwined with the people and industries that form a region’s cultural identity. As buildings go up and old houses come down, landscapes change and perceptions—along with demographics, populations, and commercial and community needs—fluctuate. That’s why those who understand the salient trends and subtle undercurrents attached to environments have a big impact on real estate transactions.