You are viewing a single comment's thread from:

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

in #blockchain5 years ago

I agree with you about it adding to the empty apartment problem. Beijing and Shanghai are full of apartment buildings that many people cannot afford and are also not bringing in money to the owners other than speculative house flipping. If tokenization of real estate occurred, especially with ICOs on real estate, you would likely see a major boom in the contruction industry, but it would likely result in another bubble.

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.027
BTC 64091.48
ETH 3514.97
USDT 1.00
SBD 2.52