In Brief: Vietnam, Philippines Among Top Countries for Cryptocurrency Adoption – Urban Land Magazine – Urban Land

Explore our latest research and best practices
For Members Only
Connect with members around the world
For Members Only
Find ULI opportunities to lead and volunteer
For Members Only
By Brett Widness
September 14, 2022
According to the 2022 Global Cryptocurrency Adoption Index, four of the top five countries for cryptocurrency adoption are emerging markets, with the United States listed in fifth place. The index is produced by Chainanalysis, a blockchain data platform serving more than 70 countries.
The 2022 Global Crypto Adoption Index Top 20
According to Nikhei Asia, real estate firms in Thailand are interested in cryptocurrencies and real estate s in the virtual metaverse.
According to ChainAnalysis, “Our Global Crypto Adoption Index is made up of five sub-indexes, each of which is based on countries’ usage of different types of cryptocurrency services. We rank all 146 countries for which we have sufficient data according to each of those five metrics, take the geometric mean of each country’s ranking in all five, and then normalize that final number on a scale of 0 to 1 to give every country a score that determines the overall rankings. ”
Hear about the senior living sector’s recent and projected performance, characteristics, opportunities and challeng… https://t.co/XAGzxHn95V
2 hours ago
#PropTech can increase efficiency and reduce costs in the #realestate industry. But a ULI and @EY_US survey finds a… https://t.co/tMoqmwFq3j
2 hours ago
Record-high temperatures, droughts, and megafires are the “new normal,” according to ULI climate expert @marianneep… https://t.co/xRwNBc8RJU
3 hours ago

The ULI Asia Pacific Summit, held in Hong Kong in August, asked a panel of experts what was next for China’s property market. The residential development market in particular has been challenged, with restrictions on lending, defaults among developers, and falling sales.

Negative economic growth in the first two quarters of 2022, a volatile stock market,  apartment dwellers stressed about inflation and interest rate hikes from the Federal Reserve are enough to make developers and investors in the multifamily segment of commercial real estate feel more than a little anxious.  Even so, industry experts such are recommending that their clients stick to their long-term strategy and ride out the turmoil, rather than changing direction.

Thirty-eight states have passed legislation authorizing Commercial Property Assessed Clean Energy (C-PACE) financing to date. While C-PACE has been around for more than 20 years, the COVID-19 pandemic has accelerated its adoption.

Don’t have an account? Sign up for a ULI guest account.

source

Leave a Comment