The article discusses the issue of housing inequality in Europe and proposes tokenization as a potential solution. It highlights how property ownership has become exclusive to the wealthy, with capital-rich investors driving up prices and pricing out ordinary buyers. In response to this, Spain's Prime Minister has proposed a 100 percent tax on non-EU citizens buying homes in the country. However, the article suggests that tighter regulation on foreign investment alone may not effectively address the issue. Instead, it argues that tokenization, the process of turning real estate into digital tokens on a blockchain, could democratize property investment and address housing shortages. Tokenization allows for fractional ownership, enabling investors of any size to gain exposure to real estate. It also generates liquidity and opens up properties to a global pool of investors. The article concludes that tokenization could provide a streamlined pathway for property ownership and encourages European governments and real estate agents to embrace blockchain technology.



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