I was a latchkey kid. I literally had a key on a string that I wore around my neck and I used it every day, after school, to get into my house. ABC after school specials were my life. Today, however, kids don’t need a key at all. Smart Locks are the newest hot tech gadget to hit the market. And in terms of security, PMCs and HOAs should pay attention. NextMarket Research predicts that the smart lock market alone will grow to a worldwide value of $3.6 billion by 2019.
Smart Locks work by code, by app, proximity, wi-fi, Bluetooth, or by touchscreen. Some cost just $200 while others are upwards of $600. Some even pair with your smart home so unlocking a door might trigger the air conditioning or the lights to turn on. Pair the smart lock with your Alexa and just tell her to unlock the door. The perfect solution to the latchkey kid, right? Maybe.
Let’s look at some of the issues:
The technology behind smart locks will certainly be improved upon, and eventually there will be no more latchkey kids. It’s too bad, I felt pretty cool with my key around my neck.