Ripple-XRP, page-166

Real world example of competitive market since you find this simple concept so hard to understand. House X is for sale. 20 people are interested in buying it. Let’s say there is an auction. House goes to the highest bidder, the interested parties compete for the house. Head in the clouds or somewhere else if you can’t see that.

Highest bidder generally either has the cash or more often will take a loan. Borrowing capacity is dependant upon their income and prevailing rates. That means involving a bank or similar lender. Even investing in a hot crypto it would be difficult to save enough to compete with somebody else willing to borrow the funds.

Crypto technology is here to say but there is NO WAY that means banks will be going out of business. What IS likely is that banks will adopt crypto technology in some form especiallyas if this makes their processes cheaper and more efficient. Ripple is a good candidate for this, having already made inroads into working with several banks. I also note the relationship with MoneyGram to work with xRapid which uses XRP. Ripple isn’t the only candidate for working with banks but has a much better utility case than most cryptos out there.

Rather than getting caught up on how unfair you think housing costs are it would be more useful to talk about the merits of different cryptos given that this is a crypto forum and specifically an XRP thread.