Not every Bitcoin HODLer that can buy a home with BTC either wants or is able to get a fiat loan.

Fiat debt on paper, right now, like Saylor has with $MSTR seems like a good idea, but so was leveraged real estate debt until 2008.

Not all of us want to repeat the mistakes made throughout history.

Land (not property) is the ultimate generational wealth. 

Bitcoin technology will change / evolve / disappear over generations. Land will not.