Everything can be tokenised and profited against, we're seeing a girl sell farts in a can to people and making millions...
When it comes to housing though this is a concern and cause significant financial volatility leading to housing crises depending on how it plays out. Imagine the worlds financial focus on one real estate market or perhaps certain high profile areas. The flow on impacts on economic participation at an ever growing real estate bubble. There is actually no value in a house other than potential that also includes real estate as a whole.
COVID has proven this now with the workforce migrating out of cities so too is all that value crippling many. As soon as things get too expensive people just move to another location think of it as a slow form pump and dump.
There are also security risks give what we have seen with some nations buying up plenty of strategic real estate would tokenized assets make this easier?
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