{"id":9837,"date":"2017-10-17T08:57:34","date_gmt":"2017-10-16T19:57:34","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=9837"},"modified":"2017-10-17T08:57:34","modified_gmt":"2017-10-16T19:57:34","slug":"bitcoin-finally-buying-us-real-estate","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/bitcoin-finally-buying-us-real-estate\/","title":{"rendered":"Bitcoin is finally buying into US real estate"},"content":{"rendered":"<p>Bitcoin is already in retail and restaurants \u2014 so it was only a matter of time before the cryptocurrency took on real estate. That time is now. Bitcoin is slowly making its way into closings on everything from Lake Tahoe land in California to Manhattan condos to single-family homes in the heart of Texas.<\/p>\n<p>&#8220;Our buyer has evolved, they&#8217;ve moved from mom and pops to young people who want to pay with various forms of payment,&#8221; said Ben Shaoul, president of Magnum Real Estate Group. &#8220;Cryptocurrency is something that has been asked of us \u2014 &#8216;Can you take cryptocurrency? Can we pay that way?&#8217; \u2014 and of course when somebody wants to pay you with a different form of payment, you&#8217;re going to try to work with them and give them what they want, especially in a very busy real estate market.&#8221;<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-41916\" src=\"https:\/\/www.propertynoise.co.nz\/wp-content\/uploads\/2017\/10\/Michael-Nagle-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" \/><\/p>\n<div class=\"attribution\">Michael Nagle | Bloomberg | Getty Images<\/div>\n<div class=\"caption\">Ben Shaoul, president of Magnum Real Estate Group LLC.<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.cnbc.com\/2017\/10\/16\/bitcoin-is-finally-buying-into-us-real-estate.html\">CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is already in retail and restaurants \u2014 so it<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/bitcoin-finally-buying-us-real-estate\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[],"class_list":["entry","author-data123nz","post-9837","post","type-post","status-publish","format-standard","category-australian-property-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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