For far too long, the cost of entering the real estate industry in the form of property ownership, has been growing unequally compared with income.
- Between the year 1980 and 2022 in Australia, the median house price has grown from roughly $40,000 to $714,146 - a 17.8x increase.
- Income in the same time frame has grown from a median of $15,800 to roughly $62,868 - a 3.9x increase.
Is it any wonder why property buyers are finding it so hard to break into the real estate market?
The difference between income and house prices went from an achievable 2.9x difference in 1980 to an 11.3x difference in 2022!
This disparity is what drives property buyers towards investment opportunities that involve digital assets because investors in digital assets (when done intelligently) are able to earn more money, in a shorter period of time, than traditional saving methods.
This is why we are so excited about our blockchain based system for overcoming the real estate affordability problem, because it allows investors to generate extra money and gain cost savings on real estate properties.