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The cryptocurrency market is rife with projects claiming to be the next revolutionary platform that will forever alter an industry. However, there are very few that actually seem like they’re making good on this promise. Overpromising and underdelivering is a fairly common phenomena in the crypto market.
However, every now and then, there’s a project that shows itself to be one that can actually have a revolutionary impact. Metropoly is a project that is doing just that and is looking all set to change how we handle real estate purchases.
Metropoly, which is a platform for fractional real estate investment, is already gearing up to remove the long, complicated processes of property transactions and removing middlemen. Learn how exactly it is doing that and why it looks like one of the best new tokens of December 2022.
The real estate market is from being conducive to investment. The entry barrier has become quite high over the past few decades, with simply owning a home for safety and security now impossible for most of the human population. Meanwhile, large corporations begin to sweep up an increasing number of properties.
There are two telling statistics in this discussion. Together, they paint a grim picture for the masses if the real estate market continues on its current path.
First, the global real estate market was estimated to be $6.8 trillion in 2021, with a compounded annual growth rate (CAGR) of 1.9%. In the United state, the market size was $3.69 trillion in 2021, with a CAGR of 5.2% expected from 2022-2030.
Second, the median house price-to-income ratio of workers in the United States is at an astonishing high -
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