I came across a very interesting post that I found very important.
Real estate is expanding and it’s an area of investment what exploring. Not just for investment purposes, the cost of housing has almost doubled if not more, so as a crypto person the topic CRYPTO BACKED MONTAGE is important.

https://cointelegraph.com/explained/what-are-crypto-backed-mortgages-and-how-do-they-work

The article above explains the topic to a very good extent. As a crypto holder especially when the market is down with the potential of going back up I think it is a smart move to use your crypto holding( could be any acceptable coin in your possession) as a collateral to become a real estate investor.

I think this can be a big opportunity especially for those who doesn’t meet up with the requirements of the traditional mortgage system. This will allow more people explore the real estate market and also enable long term crypto holders the luxury of not selling their crypto yet.

Some of my confusion is the valuation. I mean will the value be based on the value of the coin as at when the deal was made or will it be fluid and can go with the present price of bitcoin when the loan will be repaid.