You make a fair point that real estate as a shelter, land use, business premises will still exist. I’m not denying that. But what I’m saying is deeper that under a Bitcoin standard, the game changes from speculative asset appreciation to pure utility.
Right now, institutions buy real estate not for cash flow, but because fiat inflation guarantees they can flip it for more later. Once Bitcoin ends inflation, owning 10 apartment buildings isn't a flex, it’s a maintenance liability unless you’re actually running a business.
So sure, some people will still own real estate, but not as a "wealth vehicle." You’ll buy a house to live in, not to get rich. You’ll own the building if you run the business inside it. That’s the shift. Bitcoin removes the “number go up” reason for hoarding land.
Real estate will be treated like cars, useful, depreciating, and not something you park your wealth in.