My thinking was that real estate's lack of volatility comes from its illiquid nature. You can't buy and sell property on whim so there's less chance of temporary events (e.g. Trump tweets, earnings call results) having an outsized impact on prices.

Similarly, regional market pricing would prevent pan-region price crashes arising from someone dumping a large number of coins in this illiquid market. However, the more I think about this, I think it's a non-issue if you have large enough demand for this coin and a lack of liquidity.