Bitcoin will take a big portion of the investment value of real estate when it comes to single families and luxury real estate, but the reality is that real estate as a business will always be there. People will still want land, people will still buy old outdated homes and fix/update them to sell them, and people will still buy apartment complexes because people will still be renting apartments. There will also be offices, warehousing, industrial, mineral rights, agricultural and other applications for real estate so even though im 100% sure that #bitcoin will be taking over a large portion of real estates market cap, there will still be value to capitalize there when seen as a business rather than just an asset acquisition for equity growth due to market inflation.
Discussion
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.
That's not true. Not everyone buys real estate for speculation.
If you buy a 32 unit apartment complex youre Buying it for the tax incentives and for the cashflow. People like that, its a business like any other not just property, not everyone will want to go away with that, and someone will have to own the complexes that people live in and pay rent.
You assuming that everyone buys real estate for the same reason is flawed.
People buy warehouses to rent, office buildings to lease, apartments to rent, land to build...not everyone is just buying single family real estate.
So will bitcoin take up part of the investment capital that goes into single family real estate? Yes
Will it take some away from commercial real estate? Yes.
But there will always be landlords and operators who enjoy and do that as not only investors but as a way to continue adding value to communities and remain operators.