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RE: IS FUTURE TOKENIZATION OF PROPERTY MARKET something we should all be aware of?

in #blockchain6 years ago

On the surface this sounds like a really good idea but the practicality could be disastrous if applied to dweelings or homes. The biggest problem facing particularly the western world is lack of housing and homelessness. Before housing became an investment and a house was a place to live and there were plenty of government run social housing schemes, the people with money invested in the building companies themselves... So.maybe we should be looking into using this system to provide more housing that could then be rented out and thus provide a return. I see no problem with the system being used to invest in infrastructure, offices and facrories etc. But not in places that people need for shelter. Enough of this goes on at present with the wealthy investing in property that is then left empty only to be sold off to another invester at a later date for profit. Whilst some poor person spends another winter sleeping on a park bench. So in conclusion... Lets use this idea to make peoples lives better not worse. Lets get crypto a good rep. For a change. 😎😎

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