Friends, do you like the idea? Cryptocurrencies and smart contracts for yours: the future for large financial transactions? How far is the day when we will be able to buy a house or a good car with crypto not in isolated cases, but everywhere?
There is no need to buy a house using ethereum and there is no problem using it to buy, as long as you find someone who is willing to sell his house for ethereum the price doesn't really change. Instead of paying one million dollar from your bank account to his, you will be sending one million dollar worth of ethereum from your wallet to his wallet, you can pay taxes on that in many countries as well so its not a problem at all.
Moreover, if you want to find a way to keep track of who owns where and what not than blockchain can help with the land ownership type deal and just get a government blockchain software that will keep track of who owns where that way, much better than the current cloud computer software they have.
Blockchain can really be helpful for many of the governmental offices if required basic infrastructures will be developed along with proper usage will be identified.
Not everybody is used to it now. But you can buy property in UAE 
