yuvadeep
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A Solopreneur. Cryptocurrency enthusiast.
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April 01, 2018, 02:50:11 PM |
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In 2015, the total economic value of the World real estate went around $ 217 trillion and the amount successfully brings about 2.7 times that is of global GDP. All these can be involved only in the developed real estate. Thus, undeveloped large area around the globe is not yet calculated.
Real estate market brings many offers that help them in bringing profits; it is easier to invest in stocks and bonds rather than investing in real estate because they face many problems in real estate
Some of the problems faced by the investors in the real estate markets are given below
Transaction cost is very high in purchasing the real estate.
Insufficient funds for paying bills or repaying loans
The process will be very slow and complications occur in changing their own name and address in real estate
Not having the clear knowledge about the price
Fraud can be done in real property transactions
Difficulties in doing transactions for both domestic trade and international trade
All these problems occur many times, and to solve some of the problems they came up with the best solution to invest in new vehicles. But there is no perfect solution and real estate still facing many problems
Real estate tokenization is one of the best methods on the blockchain technology helps to solve the problems of real estate investments in a natural way. All the transactions are registered in a single public blockchain, that helps them to eliminate fraud and availability of the cash and clear picture of the price by converting into digital cash helps to exchange. By taking the help of property tokens, users can trade that can easily use or understand.
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