• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Bitcoin News

Will rising real estate prices trigger the Bitcoin boom?

Manasee Joshi by Manasee Joshi
May 25, 2020
in Bitcoin News
3 min read
Will rising real estate prices trigger the Bitcoin boom?
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Historical excerpts from the late 1990s show that real estate prices are expected to witness a dramatic increase, following a severe financial crisis, and safe haven assets like Bitcoin, silver, and gold are likely to follow the trend. 

The real estate market across the globe is in a crisis following rising unemployment rates, debts and plunging stock markets, in light of the unprecedented COVID-19 outbreak. In the US, housing sales have witnessed a sharp fall, plunging to nine-year-lows as real estate owners continue to default on their mortgage payments.

How post-COVID-19  period looks for real estate

Experts now forecast that a massive sell-off wave will hit the global real estate industry in the second quarter of 2020. As already seen, the US, Japan, Singapore, and Korea are struggling to cope with a severe shortfall in demand as the industry eagerly awaits some frenzied buying activity.

RelatedPosts

Bitcoin endorsement: Ex CIA director backs Bitcoin

Bitcoin sets new ATH as price shoots past $62k

Open interest Bitcoin futures soar to $27 billion

Bitcoin crackdown could be coming – a warning from Kraken CEO

Makati in the Philippines, a densely-populated region and a thriving real estate market, saw housing prices hit all-time highs in the past few years. However, following the pandemic crisis, it, too, declined by 15 percent. The figure is likely to plunge by 20 percent by year-end.

Yes, the year 2020 paints a rather dismal picture for the real estate market all over the globe. However, if history has taught us anything, it is that it repeats itself. Much like the previous times, the housing market will see a sharp increase in demand in the long term and recover its losses.

Real estate will boom, and so will Bitcoin, experts claim

Joint research conducted by the University of Granada and Federal Reserve Bank of Chicago reveals that many countries, during the late 1990s and 2007, saw a significant rise in housing demand. 

These events are often named among the primary catalysts of the global financial crisis as an increase in the bank lending capacity fundamentally changes the whole market dynamics, the report read. Despite the turmoil, the real estate market witnessed soaring demands for a prolonged period.

One of the primary reasons behind this surge is the fall in interest rates that encourage even small-time buyers to make the most of the opportunity and invest in a rarely-seen cheap housing market.

The second catalyst is often prompted by the government’s efforts in softening the blow on the economy through various stimulus packages and relief efforts. The influx of trillions of dollars in cash results in an increased appetite for housing purchases.

In the current context, the US government is under tremendous pressure to mitigate the impact of the pandemic outbreak, offer financial support to those affected, and help businesses recover their massive losses. Amid these gloomy predictions, the federal reserve is expected to continue with their stimulus efforts for at least six months.

The correlation theory

Thus, with adequate liquidity and increased bank lending power, the research states will drive the growth of the real estate market by 2021. A strong correlation between housing and store of value assets, such as gold, silver, and Bitcoin, suggests that all these assets are likely to boom in the near future.

Investors usually prefer to be bullish, experts claim. They are waiting for the perfect opportunity to ride the wave of economic recovery. Once that happens, lucrative investment opportunities such as Bitcoin and real estate are likely to rise together.

Manasee Joshi

Manasee Joshi

An avid reader and an enthusiastic writer, Manasee recently chose to dedicate her time doing freelance writing. A degree in English literature and experiences in Administration, HR, finance, literature, creativity and innovation tucked under her belt, she crafts engaging and compelling content for crypto and blockchain audience.

Related Posts

Bitcoin endorsement
Bitcoin News

Bitcoin endorsement: Ex CIA director backs Bitcoin

April 13, 2021
Bitcoin
Bitcoin News

Bitcoin sets new ATH as price shoots past $62k

April 13, 2021
Open interest Bitcoin futures soar to $27 billion
Bitcoin News

Open interest Bitcoin futures soar to $27 billion

April 13, 2021
Bitcoin
Bitcoin News

Bitcoin crackdown could be coming – a warning from Kraken CEO

April 13, 2021
Bitcoin Price Prediction 2021-04-13
Bitcoin News

Bitcoin price prediction: Bitcoin retests $61,000, prepares for further downside

April 13, 2021
Bitcoin
Bitcoin News

Bitcoin could reach $160k in 2021 – Celsius CEO

April 13, 2021

Follow Us

  • 51k Fans
  • 8.3k Followers

Popular News

  • Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    1113 shares
    Share 445 Tweet 278
  • Bitcoin crackdown could be coming – a warning from Kraken CEO

    812 shares
    Share 325 Tweet 203
  • XRP Price Prediction 2021, 2023, 2025, 2030

    775 shares
    Share 310 Tweet 194
  • Litecoin price prediction: LTC to climb to $300 resistance as bulls regain momentum

    771 shares
    Share 308 Tweet 193
  • Bitcoin price prediction: Swift rejection from $61k emboldens bulls

    701 shares
    Share 280 Tweet 175

Latest News

bitcoin mininf software

Bitcoin Mining Software Guide

April 14, 2021
Trying your best but not getting much of revenues through bitcoin trade- look at these guidelines 1

Trying your best but not getting much of revenues through bitcoin trade- look at these guidelines

April 14, 2021
Some of the outstanding aspects of bitcoins that everyone should know 2

Some of the outstanding aspects of bitcoins that everyone should know

April 14, 2021
Have a look at some of the fantastic properties of popular crypto-bitcoins 3

Have a look at some of the fantastic properties of popular crypto-bitcoins

April 14, 2021
Bitcoin

Bitcoin wins a fan: Time Magazine to accept and record BTC payments

April 13, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News

Binance News
Ripple News
Cardano News

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 4

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.