The Australian property market is about to be disrupted by a real estate cryptocurrency token dubbed House Coin, created by real estate professional Marlene Liontis. This new token gives the average Australian a more affordable way to invest in property, and will be released next year.
In this instalment of Women in Crypto, this crypto pioneer will talk on how her team at RealRenta are tackling the rising problem of unaffordable real estate in Australia.
Australian millennials have the world’s second lowest homeownership rate. Why? While millionaire real estate mogul Tim Gurner blames the problem on the millennials wasting their money on smashed avo on toast, studies show that Australian millennials actually save more money than previous generations.
The more likely reason is the unaffordable housing prices in Sydney and Melbourne which has risen dramatically over the past decade, with Sydney taking the crown as the world’s second worst housing prices in the world, beaten only by Hong Kong.
Now, many first home buyers and investors alike are struggling to enter the Australian property market. Lucky for us, Marlene Liontis and her team at RealRenta are trying to fix this.
“I’m very passionate about lowering the barrier to entry and making property investment accessible to as many people as possible,” Marlene explains. Describing RealRenta as a “do-it-yourself property management software platform”, Marlene is changing the traditional world of Australian real estate. RealRenta operates as an online property management platform, that allows individuals to take control of their properties without a real estate agent.
It’s a revolutionary software that puts power back in the hands of the people. Now, with the power of crypto and security tokens, the RealRenta team are taking property investment to the next level.
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