Hi @btuniverse
My dear friend @lanzjoseg shared with me link to this publication just now. A bit to old to upvote, but I still would like to thank you for interesting read.
Real estate is projected to be one of the major markets that are enhanced by tokens.
Personally I'm not sure if it's a reason to be happy or depresed. Our cost of living are steadily growing mostly because of two factors:
- increasing taxes
- increasing real estate costs
After all if prices of real estate goes up, then rentals goes up too and that is forcing businesses to find ways to survive and they always push costs of their products and services on final customers.
Tokenizing real estate is an amazing idea and I love it. However I can easily imagine that some cities will attract huge attention of international investors and that will cause rapid increase in cost of housing in some areas. Pushing local population of of those cities or forcing to live like rats (mumbai is an excellent example of such a market).
Yours, Piotr