Housies and sharesies: When crypto and blockchain meet real estate

Bayleys hosted a seminar on the future of real estate tokenisation in NZ. (Image: Fiona Goodall)

Mon, 28 Jul 2025

The City of Detroit has just filed the largest nuisance abatement lawsuit in its history, against a Florida outfit linked to a network of cryptocurrency real estate companies controlling more than 400 rundown, unsanitary, and downright dangerous buildings in its area.Many are rental properties in low-income neighbourhoods and are owned by often foreign investors who bought a fractional ownership in the real estate, generally through cryptocurrency.The suit lists 53 separate properties considered “unquestionably harmful to the health, safe...

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