Flexibility in real estate would be a huge blessing but to work, the level of innovation would have to be far larger than just NFTs.
So let's take a closer look at a real-world situation. We designed a dynamic urban plan of 84 units* of 55 m2 which can be combined into larger units. Ranging from S (55m2), M, L to XL (220m2) or even larger should there be a need for them.
Imagine we have 50 families interested in buying. Today's logic forces them each to take out an individual 30-year mortgage with a specific unit legally identified as fixed collateral. No bank today would allow them to trade thier spaces.
So innovation must start much earlier in the supply chain and include every single stakeholder. The designers here are willing (us), the developer is willing, I can imagine we can convince the council to be cooperative, the 50 clients are willing (ASML is next door, so lots of techies), you are willing, but finance is not. So until some banker one day wakes up to create a brilliant, tradeable, lease buyout like, mortgage linked to space not person, it remains an unattainable dream.
