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My best guess about the direction of the real estate market is that algorithmic valuation, and virtual currencies will allow homes to be bought and sold instant
by pontifier 11y ago
My best guess about the direction of the real estate market is that algorithmic valuation, and virtual currencies will allow homes to be bought and sold instantly by eliminating the 2 market problem of buyers and sellers. This will be done through the introduction of a third party which holds the property in an "un-owned" state.
The virtual currency is created for the previous owner when properties enter this state, and destroyed when a buyer uses the currency to buy a property. This currency essentially becomes a real estate backed currency which floats in relation to national currencies as the real estate market fluctuates.