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Aug 31st, 2013 

SEVENTY years from now, we will all be millionaires, witness teleportation and pay $34 for a loaf of bread, experts say.

Posted By Darren Hill in Blog

SEVENTY years from now, we will all be millionaires, witness teleportation and pay $34 for a loaf of bread, experts say.

Using the year 2083 as a benchmark, researchers from an investment firm used historical data calculated with annual growth rates to compile an astonishing list of predictions.

 

Data projections have found bread will cost about $34 a loaf. Picture: Milan Scepanovic

Data projections have found bread will cost about $34 a loaf in 70 years. Picture: Milan Scepanovic Source:News Limited

 

Homeowners can expect to pay an average of almost $12 million for new properties.

The data projections also found people would live much longer.

“Many of our investors … want to know how to plan for their children’s future and what that future might look like financially,” said DGCAssetManagement.com managing director David Garner.

“We used historical data to calculate compound annual growth rates, which we then applied over the next 70 years to 2083.

“We also adjusted for inflation, to provide a better comparison with today’s prices.”

Separate research at FutureTimeline.net predicts that hyper-intelligent computers will perform “the equivalent of all human thought over the last 10 thousand years in less than 10 microseconds”.

 

The 2080s are expected to make house prices today look super cheap. Picture: Supplied

The 2080s are expected to make house prices today look super cheap. Picture: Supplied Source: News Limited

 

Researchers also say that the average citizen will have access to a wide array of biotechnology implants and personal medical devices.

These could include fully artificial organs that never fail, bionic eyes and ears providing superman-like senses.

The 2080s will not be so bright for many animals, though, as lizards and polar bears will be extinct.

 

 Polar bears will be extinct in the 2080s, according to data projections. Picture: Supplied

Polar bears will be extinct in the 2080s, according to data projections. Picture: Supplied Source: Supplied

 

Spain, Italy and the Balkans will turn into desert nations, with climates like North Africa, and agriculture will suffer.

 

Enjoy it while you can, Italy is expected to be a desert nation in 70 years. Picture: Supplied

Enjoy it while you can, Italy is expected to be a desert nation in 70 years. Picture: Supplied Source: Supplied

 

On a brighter note, experiments in quantum entanglement, made possible by artificial intelligence and picotechnology, will provide major breakthroughs in travel.

By 2083, the future experts claim it will be possible to teleport macro-scale objects from one location to another.

Read more: http://www.news.com.au/realestate/news/the-world-70-years-from-now/story-fncq3gat-1226699742008#ixzz2da9InkAG

Darren Hill
Director/OIEC Wantirna Office
9800 0700
Email
Darren has lived in the local area for over 20 years. Darren Hill the director and founder of Hill Real Estate himself entered into real estate in 1990. The passion for meeting people and helping people is still Darren’s driving force. After starting his career in franchise companies as an awarded salesperson his vision to be a truly independent agent was shortly realised. His continual drive to improve with a prominent central position are the ingredients to achieve the most respected agent in the City Of Knox/Foothills. Darren believes a career in real estate is rewarding for the people you meet who welcome you into their lives and the sobering experiences and maturity gained from those relationships. Darren is a Past President and current active member of Rotary Club of Knox and received a Paul Harris Fellow in recognition of service. Darren’s passions are his family and motor racing. To experience the Hill Real Estate difference please contact Darren on 9800 0700.
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