Bricktrade: the solution to the global housing shortage
It is not a surprise that inadequate housing has reached a critical point around the world. According to the last global survey carried out by the United Nations, an estimated 100 million people are homeless around the world, and as many as 1.6 billion people live in substandard housing.
In the UK, housing has become less affordable to buy or rent. A total of 1.1 million people were on the waiting list for social housing in 2020, yet only 6,566 social homes were built in England. Statistics show one in three adults are affected by this housing emergency in the UK. Besides the UK, the average price of homes across the US rose by 18% between October 2020 and October 2021, whilst Israel’s housing market experienced a rise of 12% up to October 2021.
Not only has housing become unaffordable for most, but the impact of the global pandemic has only worsened the crisis and shortage of homes. How do we aim to solve this crisis? One word: Bricktrade.
Bricktrade is the first platform in the UK reinventing the way we purchase real-world assets by facilitating the purchase of property with both fiat and cryptocurrency. With a unique mission to alleviate the global housing shortage, the platform is setting itself apart from others by tokenising real estate assets, proving that accessibility can be the focal point of the housing market.
Bricktrade is on its way to becoming FCA regulated.
Bricktrade prides itself on being a one-stop solution to many of the concerns property investors and potential homeowners may have about the property market. Some of these benefits include:
Firstly, Bricktrade allows anyone to invest and participate from as little as £500 through their cutting-edge crowdfunding platform, Crowd for Angels.
All of Bricktrade’s utility tokens, $BRKT, are backed by real-world assets i.e. property. This means an investor’s risk is significantly reduced as it is backed by a tangible asset, protecting an investor’s total capital.
Through Bricktrade’s cutting-edge distributed, immutable ledger, all real-estate transactions can be viewed by all parties at any point in time. All transactions are validated and sent by the network that comprises the marketplace.
Flexibility is of importance to Bricktrade. This is proven by the platform’s effort to facilitate token cashouts after 90 days. This is a significantly shorter period of time in comparison to the average term of five to seven years of most real estate projects. Besides that, investors are also allowed to invest with either crypto, fiat or even both!
Bricktrade opens doors for investors to invest and participate directly in the £8.2 trillion UK property market. Please take note of the historical price appreciation trend of the market in the UK which will highly benefit investors and homeowners in the long-run.
Whether you are looking for a fixed return or you are looking to explore fractional ownership, Bricktrade aims to cater to your needs, allowing investors to choose from a range of property projects across the globe.
As mentioned above, Bricktrade proudly announced recently that it is on the way to becoming FCA regulated.
This proves the integrity of the platform, providing investors with an added layer of security with this badge of regulation. All investors are guaranteed to be treated fairly with their financial safety of utmost importance to the team at Bricktrade.
Evidently, Bricktrade stands out in the market for more reasons than one. Bricktrade not only cares to expose investors to more opportunities in the market, but ultimately they are looking to help close the global housing gap.
If you would like to learn more about Bricktrade, you can visit their website here: www.bricktrade.co.uk