Is blockchain the key for millennials entering Australia's housing market?

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An international technology company is trialling a new approach to home ownership in Adelaide, using blockchain technology to help millennials enter the housing market.

Essentially, it's a technology that records and verifies transactions without the need for an external authority.

University of Adelaide housing affordability expert Chris Leishman thinks blockchain could be the key to making home ownership more affordable — but doesn't believe the bricklet concept alone will achieve that. "But we do think that financial technology, new tenure models, new financial models are a part of the answer in making housing more affordable.

 

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I thought this was another scam ad.

Blockchain doesn’t change anything about the fundamental structure of the intergenerational pyramid scheme known as the housing market

What land is the writer of this story living in!?

No. Is bricks on the blockchain a way to extend the property ponzi to actually unlivable units? Yes.

jnnylng

Yes Our Banks/Military/ Solicitors are already using Blockchain

We have them now, they are called Property Trusts.

The answer is no. Blockchain in this case is just a buzzword used to excited investors while a company siphons money from all involved in the scheme.

Very dodgy

Yea why not the way you guys have got them thinking they need a boathouse in their future

If you want to invest in something that provides income and growth with minimal added on costs eating away at your investment, buy shares.

Yes. That will help 😂

No

No

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