When will property be tokenizated and placed onto the Ethereum Blockchain??

Fellow Dudes!

Does any one know when exactly real world assets such as property will be tokenizated and placed onto the Ethereum Blockchain??

and what countries have put in the necessary frame work to make this all legal and workable??

So that I could just buy up new property in a different country to me, then that property is turned into a ERC20 token kept in my wallet, and this is all recognised and legal and a financial product?

also I know that the price of ETH has dropped heaps,.but this is when you buy more (not investment advice) ????

cheers.